§ 9-109. Repaired or reconstructed dwellings; natural disasters; tax credit
West's Annotated Code of MarylandTax-Property
MD Code, Tax - Property, § 9-109
§ 9-109. Repaired or reconstructed dwellings; natural disasters; tax credit
(a) The Mayor and the City Council of Baltimore City and the governing body of each county and of each municipal corporation shall grant a property tax credit under this section against the county or municipal corporation property tax imposed on real property if:
(b) The amount of the property tax credit allowed under this section shall equal 100% of the property tax attributable to an increase in the assessment of the dwelling upon revaluation under § 8-104(c)(1)(iii) of this article, including improvements, over the last assessment of the dwelling before the natural disaster, less the amount of any assessment on which a property tax credit under § 9-105 of this subtitle has been authorized.
(d) The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation shall:
Credits
Added by Acts 2005, c. 536, § 1, eff. June 1, 2005; Acts 2005, c. 616, § 1, eff. June 1, 2005. Amended by Acts 2006, c. 89, § 1, eff. June 1, 2006.
MD Code, Tax - Property, § 9-109, MD TAX PROPERTY § 9-109
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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