|
|
|
|
|
|
|
|
|
|
|
|
|
|
1174 LAWS OF MARYLAND Ch. 3 64
|
|
|
|
|
|
|
|
|
(1) In Prince George's County, (1) from county taxation
only, real property which is owned by the Maryland Jaycees, Inc.
(otherwise known as Maryland State Junior Chamber of Commerce,
Inc.) and used in the operation of a charitable nonprofit
educational or rehabilitation institution of the kind exempted
under § 9(e) of this article; (2) for purposes of county and
special district taxation only, the County Council may by
resolution or ordinance, provide a tax credit for real and
tangible personal property owned by the Lions Club of Bowie; (3)
for purposes of county and special district taxation only, the
County Council may by resolution or ordinance provide a tax
credit for real and tangible personal property owned by the
Suitland Civic Association, Inc.; (4) for purposes of county and
special district taxation only, the County Council may by
resolution or ordinance provide a tax credit for real and
personal property owned by the Chapel Hill Citizens' Association;
(5) for purposes of county and special district taxation only,
the County Council may by resolution or ordinance provide a tax
credit for real and personal property owned by the East Pines
Citizens Association; (6) from county and special district
taxation only, the County Council may provide a tax credit for
real and personal property owned by the Prince George's Jaycees,
Inc.; [and] (7) from county and special district taxation only,
the County Council may, by resolution or ordinance, provide a tax
credit for real and personal property owned by the Clinton Boys
and Girls Club and which is used solely for nonprofit athletic
recreation; (8) for purposes of county taxation only, the County
Council may, by resolution or ordinance, provide for the
exemption of real property, title to which is held by nonprofit
community civic associations or corporations, which property is
dedicated by appropriate plat or deed restrictions to the use of
the lot owners within the community, and which use is not
contingent upon the payment of dues to the association or
corporation or upon the payment of fees or other compensation in
return for admission to or use of the property. As used in this
paragraph, "dues" and "fees or other compensation" do not include
assessments exacted and employed by the association solely for
the improvement or maintenance of the roads, property, or other
facilities of the community; (9) for purposes of county taxation
only, the County Council may by resolution or ordinance provide a
tax credit for real property owned by the Piscataway Hills
Citizens Association, and the County Council may make the credit
retroactive to the 1981-1982 tax year; and (10) for purposes of
county taxation only, the County Council may by ordinance allow a
tax credit against real property taxes for improvements that
promote housing , BUSINESS; and community redevelopment OR
BUSINESS REVITALIZATION. An ordinance pursuant to this paragraph
shall define which improvements are eligible and establish a
maximum period, not to exceed 5 years, during which the credit
may be granted. Upon reassessment by the Supervisor of
Assessments, this credit shall be determined, by the local taxing
authority, as a percentage of the actual costs of the
improvements. The credit may not exceed the increased taxes
resulting from the improvements, as determined by the Supervisor
of Assessments.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
