Section 9-263 – Qualified Opportunity Zone Business Property Vacant for More Than 12 Months Prior to Acquisition
(a) (1) In this section the following words have the meanings indicated. (2) “Base year” means the taxable year immediately before the taxable year in which a property tax credit under this section is to be granted. (3) (i) “Base year value” means the value of the property used to determine the assessment on which the property tax on real […]
Section 9-264 – Property Used for Public School Robotics Program
(a) The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may grant, by law, a property tax credit against the county or municipal corporation property tax imposed on real property that is used for the purposes of a public school robotics program or nonprofit robotics program in […]
Section 9-265 – Property Tax Credit for Disabled Veterans — Calculation — Application — Surviving Spouse
(a) (1) In this section the following words have the meanings indicated. (2) “Disabled veteran” means an individual who: (i) is honorably discharged or released under honorable circumstances from active military, naval, or air service as defined in 38 U.S.C. § 101; and (ii) has been declared by the Veterans Administration to have a permanent service–connected disability of at least […]
Section 9-266 – Credit for Business Entities Affected by State of Emergency
(a) The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may grant, by law, a property tax credit under this section against the county or municipal corporation property tax imposed on real or personal property that is owned or leased by a business entity affected by a […]
Section 9-301 – General Provisions for Counties, Municipal Corporations, and Special Districts
(a) Except as otherwise specifically provided, the provisions of this section apply to property tax credits granted under this subtitle. (b) A property tax credit granted under this subtitle shall be granted against 100% of all property tax or special district charges that otherwise would be due. (c) The Mayor and City Council of Baltimore City or the […]
Section 9-302 – Allegany County
(a) The governing body of Allegany County and of a municipal corporation in Allegany County shall grant a property tax credit under this section against the county and municipal corporation property tax imposed on: (1) personal property that is owned by a nonprofit television broadcast translator station that is supported principally by public subscription; and (2) property that […]
Section 9-303 – Anne Arundel County
(a) The governing body of Anne Arundel County and of a municipal corporation in Anne Arundel County shall grant a property tax credit under this section against the county and municipal corporation property tax imposed on: (1) property that is: (i) owned by the United States Naval Academy Alumni Association, Incorporated; (ii) located at the corner of College Avenue […]
Section 9-254 – Grocery Store in Low-Income Area
(a) (1) In this section the following words have the meanings indicated. (2) “Grocery store” means an entity: (i) whose primary business is selling food at retail to the general public for off–premises consumption; and (ii) at least 20% of the gross receipts of which are derived from the retail sale of fresh produce, meats, and dairy products. (3) “Low–income area” […]
Section 9-304 – Baltimore City
(a) (1) The Mayor and City Council of Baltimore City shall grant, by law, a property tax credit under this section against the county property tax imposed on real property that: (i) is subject to a perpetual conservation easement donated to the Maryland Environmental Trust on or before June 30, 1986; and (ii) is not eligible for a credit […]
Section 9-255 – Neighborhood Conservation Areas
(a) (1) The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may grant, by law, a property tax credit under this section against the county or municipal corporation property tax imposed on owner–occupied, residential real property that is purchased from July 1, 2012, through June 30, 2018, and […]