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Ch. 253
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LAWS OF MARYLAND
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1912
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CHAPTER 253
(House Bill 322)
AN ACT concerning
Anne Arundel County - Tax Credits
FOR the purpose of providing a tax credit in Anne Arundel
County for unsold or unrented newly constructed
single family dwellings; and relating generally to a
tax credit for certain dwellings.
BY adding to
Article 81 — Revenue and Taxes
Section 12G—6
Annotated Code of Maryland
(1975 Replacement Volume and 1976 Supplement)
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That new Section 12G—6 be and it is hereby
added to Article 81 — Revenue and Taxes, of the Annotated
Code of Maryland (1975 Replacement Volume and 1976
Supplement) to read as follows;
Article 81 — Revenue and Taxes
12G-6.
(A) IN ANNE ARUNDEL COUNTY, THIS SECTION, TO THE
EXCLUSION OF ANY OTHER PUBLIC GENERAL OR PUBLIC LOCAL LAW
(UNLESS SPECIFIC REFERENCE IS MADE TO THIS SECTION AND
APPROPRIATELY MODIFIED OR REPEALED), CONTROLS AND
REGULATES EXCLUSIVELY THE GRANTING OF ANY SPECIAL TAX
CREDIT FOR UNSOLD OR UNRENTED, NEWLY CONSTRUCTED SINGLE
FAMILY DWELLINGS.
(B) IN ANNE ARUNDEL COUNTY, THE OWNER OF AN
UNSOLD, UNRENTED AND UNOCCUPIED, NEWLY CONSTRUCTED SINGLE
FAMILY DWELLING IS ENTITLED, UPON APPLICATION TO THE
GOVERNING BODY OF ANNE ARUNDEL COUNTY, TO RECEIVE A TAX
CREDIT EQUAL TO THE PROPERTY TAXES IMPOSED UPON THE
ASSESSED VALUE OF THE DWELLING, EXCLUDING LAND, FOR THE
PERIOD DURING WHICH THE DWELLING REMAINS UNSOLD, UNRENTED
AND UNOCCUPIED IMMEDIATELY FOLLOWING CONSTRUCTION.
HOWEVER, A TAX CREDIT MAY NOT APPLY TO ANY DWELLING USED
AS AN OFFICE OR SAMPLE HOME BY THE BUILDER. AN OWNER MAY
NOT RECEIVE TAX CREDITS FOR MORE THAN THREE DWELLINGS PER
YEAR UNDER THE PROVISIONS OF THIS SECTION. IN THIS
SECTION, TAX CREDITS SHALL BE AVAILABLE ONLY OVER ONE
CONTINUOUS PERIOD OF TIME FOR ANY DWELLING NOT EXCEEDING
ONE YEAR AND MAY NOT APPLY TO A DWELLING WHICH HAS
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