(a) When real property in agricultural or horticultural use and subject to the tax exemption granted by this subchapter, is applied to a use other than agricultural or horticultural, it shall be subject to additional taxes, hereinafter referred to as “roll-back taxes”, in an amount equal to the exemption or exemptions granted for the current tax year (the year of change in use) and for such of the two tax years immediately preceding in which real property was granted the tax exemption under this subchapter. If the real property was not granted the tax exemption under this subchapter for the tax year in which the change in use of the real property occurs, then such real property shall be subject to roll-back taxes for such of the two years immediately preceding in which the real property was granted the exemption.
(b) The collection, apportionment, and payment over of the roll-back taxes imposed by subsection (a) of this section, the attachment of the real property for such taxes, and the right of an owner to have reviewed any judgment of the tax assessor affecting such roll-back taxes, shall be governed by the procedures, except time limitations, provided for the taxation of omitted property under section 2413 of this subtitle, and provided for review and levy and collection set out in chapters 87 and 89 of this subtitle. Such procedures shall apply to each tax year for which roll-back taxes may be imposed.
(c) The taking of real property which has been granted the tax exemption under this subchapter by right of eminent domain will not subject the real property so taken to roll-back taxes.