HARRY HUGHES, Governor

2955

CHAPTER 838

(Senate Bill 820)

AN ACT concerning

Property Tax Credit -
Unsold Newly Constructed and Rehabilitated Dwellings

FOR the purpose of granting authorizing the counties and
Baltimore City to grant a credit against county and
Baltimore City property taxes for certain unsold and
unrented newly constructed dwellings; providing certain
limitations on this credit; requiring the applicant to
provide a certain notice; permitting the counties and
Baltimore City to set procedures implementing this
program; and repealing certain provisions dealing with
various counties.

FOR the purpose of providing a statewide property tax credit
against local property taxes for certain dwellings; and
repealing certain tax credit provisions that apply to
certain counties.

BY repealing

Article 81 - Revenue and Taxes

Section 12G-1, 12G-2, 12G-3, 12G-5, 12G-6, and 12G-7

Annotated Code of Maryland

(1975 Replacement Volume and 1979 Supplement)

BY adding to

Article 81 - Revenue and Taxes

Section 12G-1

Annotated Code of Maryland

(1975 Replacement Volume and 1979 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section(s) 12G-1, 12G-2, 12G-3, 12G-5, 12G-6,
and 12G-7 of Article 81 - Revenue and Taxes, of the
Annotated Code of Maryland be repealed.

SECTION 2. AND BE IT FURTHER ENACTED, That section(s)
of the Annotated Code of Maryland be repealed, amended, or
enacted to read as follows:

Article 81 - Revenue and Taxes

12G-1.