2024

LAWS OF MARYLAND

Ch. 734

be, and may make a single payment covering his total real
property tax liability. In those cases where a
municipality or special taxing district issues a tax bill
separate from the county or Baltimore City tax bill, the
official may require the homeowner to submit proof of
payment of the separate tax bill or submission of the
municipal or special taxing district real property tax
bill. The county or Baltimore City official shall
determine the amount of tax credit thus allowed and
report it to the State Department of Assessments and
Taxation as set forth below.]

SECTION 3. AND BE IT FURTHER ENACTED, That new
Sections 12F-1(b) (9) and (g), and 12F-3(f) and (g), and
12F-4 be and they are hereby added to Article 91 -
Revenue and Taxes, of the Annotated Code of Maryland
(1975 Replacement Volume and 1975 Supplement) to read as
follows:

Article 91 — Revenue and Taxes

12F-1.

(b) As used in this section, the following words
have the meanings specified:

(8) "COMBINED NET WORTH" MEANS THE NET WORTH
OF (I) THE HOMEOWNER; (II) THE SPOUSE OF THE HOMEOWNER,
IF THE SPOUSE RESIDES IN THE DWELLING; AND (III) ANY

OTHER PERSONS WHO RESIDE IN THE DWELLING, IF THEY HAVE
[[A LEGAL]] ANY OWNERSHIP INTEREST IN THE DWELLING.

(G) THE DEPARTMENT OF ASSESSMENTS AND TAXATION MAY
ENTER INTO AGREEMENTS WITH THE APPROPRIATE COUNTY OR
BALTIMORE CITY OFFICIAL FOR ASSISTANCE IN THE
DISTRIBUTION, RECEIPT, PROCESSING, AND OTHER
ADMINISTRATIVE DUTIES, RELATING TO THE APPLICATION AND
DETERMINATION OF ELIGIBILITY FOR THE TAX CREDITS
AUTHORIZED BY THIS SECTION AND SHALL REIMBURSE THE
COUNTIES AND BALTIMORE CITY FOR THE REASONABLE COST OF
ANY ASSISTANCE PROVIDED.

12F-3.

(F)    THE COST OF ANY TAX CREDITS GRANTED UNDER THE
PROVISIONS OF THIS SECTION SHALL BE PAID BY THE COUNTY
AND THE MUNICIPALITY, IF APPROPRIATE, OR BALTIMORE CITY
IN WHICH THE CE CREDIT IS GRANTED.

(G)    A [[TAXPAYER]] HOMEOWNER WHO QUALIFIES FOR A
TAX CREDIT UNDER SECTION 12F-1 AND UNDER THIS SECTION
SHALL BE ENTITLED TO RECEIVE ONLY THE ONE CREDIT UNDER
EITHER SECTION WHICH PROVIDES THE GREATER BENEFIT TO THE
TAXPAYER.

12F-4.

(A) WITHIN 30 DAYS FROM THE TIME OF ANY FINAL