(a) To ensure payment of the county or municipal corporation property tax on personal property, the governing body of a county or of a municipal corporation may authorize, by law, a personal property tax liability fee payable by a business that: (1) does not own any real property in the county or municipal corporation; and (2) begins doing business in the county or municipal corporation or is conducting business and expands to a new location in the county or municipal corporation. (b) The business shall pay the fee to the collector. (c) The fee is credited toward the county or municipal corporation property tax. (d) If the property tax liability fee is less than the property tax on personal property as finally determined, the business shall pay the remaining property tax due.
Maryland Legal Code