MARVIN MANDEL, Governor

61

Article 81 - Revenue and Taxes

12F.

(f) In Wicomico County, there shall be allowed

upon the application of any homeowner who has attained
the age of 65 years by July 1 of any year, which is the
first day of the taxable year for which the credit is
sought, and whose gross income, or whose combined gross
income, as the case may be, is not in excess of $6,000
for the calendar year immediately preceding the fiscal
year of application, or any homeowner who has not
attained the age of 65 years and who receives benefits as
a result of a finding of permanent and total disability
under the Social Security Act or under the Railroad
Retirement Act and whose gross income including social
security and railroad retirement benefits does not exceed
$6,000 for the calendar year immediately preceding the
fiscal year application, a single tax credit from county
real property taxes upon the dwelling for which the
application for tax credit is made, which tax credit
shall equal 50% of the assessed value of the dwelling or
$5,000, whichever is the lower amount, multiplied by the
county tax rate. The minimum tax credit granted to
qualified applicants shall be $3,000 multiplied by the
county rate. In order to qualify, applicants may deduct
from civil service retirement benefits an amount equal to
the average annual benefit received in Maryland by
persons who retired at the age of 65 or older under the
Social Security and Railroad Retirement Acts for the
prior calendar year. The Comptroller, shall determine the
amount of the average benefit annually. Application for
a tax credit shall be as provided in § 49C of this
article. The definitions in subsection (b) of this
section shall be applicable to any credit granted under
this subsection.

19.

(b) (2) (B) (i) No land which has been assessed
on the basis of agricultural use under paragraph (1)
hereof shall be developed for nonagricultural use (other
than for residential use of the owner or his immediate
family) for a period of three years after the last day of
the most recent taxable year in which the land was
assessed on the basis of agricultural use. However,
that land way be developed within the three—year period
upon payment to the tax collecting authority of the
subdivision in which the land is located of an amount
equal to two times the difference between the tax
(including any State property tax) applicable to the land
if assessed on its full value in the year development is
to commence and the tax applicable to the land if
assessed on the basis of the most recent agricultural use