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2005 LAWS OF MARYLAND
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Ch. 195
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CHAPTER 195
(House Bill 121)
AN ACT concerning
St. Mary's County - Property Tax - Credit for Individuals Over Age 70
FOR the purpose of authorizing the governing body of St. Mary's County to grant, by
law, a tax credit against the county property tax imposed on certain real
property owned by individuals of at least a certain age and of certain incomes;
authorizing the governing body of St. Mary's County to provide, by law, for
eligibility criteria for the credit, for the amount and duration of the tax credit,
certain regulations and procedures, and any other provision necessary to carry
out the credit; providing for the application of this Act; providing for the
termination of this Act; and generally relating to the property tax in St. Mary's
County.
BY adding to
Article - Tax - Property
Section 9-320(c)
Annotated Code of Maryland
(2001 Replacement Volume and 2004 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Tax - Property
9-320.
(C) (1) THE GOVERNING BODY OF ST. MARY'S COUNTY MAY GRANT, BY LAW,
A PROPERTY TAX CREDIT AGAINST THE COUNTY PROPERTY TAX IMPOSED ON REAL
PROPERTY USED AS A PRINCIPAL RESIDENCE AND OWNED BY AN INDIVIDUAL AT
LEAST 70 YEARS OLD WHO IS OF LIMITED INCOME.
(2) THE GOVERNING BODY OF ST. MARY'S COUNTY MAY PROVIDE, BY
LAW, FOR:
(I) ELIGIBILITY CRITERIA FOR THE CREDIT UNDER THIS SECTION;
(I) (II) THE AMOUNT AND DURATION OF THE TAX CREDIT UNDER
THIS SECTION; AND
(III) REGULATIONS AND PROCEDURES FOR THE APPLICATION AND
UNIFORM PROCESSING OF REQUESTS FOR THE TAX CREDIT; AND
(II) (IV) ANY OTHER PROVISION NECESSARY TO CARRY OUT THE
CREDIT UNDER THIS SECTION.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 2005, and shall be applicable to all taxable years beginning after June 30,
- 1150 -
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