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ROBERT L. EHRLICH, JR., Governor
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S.B. 717
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or the governing body of a county may provide by law for purposes of a local
supplement to a certain homeowners property tax credit; authorizing the Mayor
and City Council of Baltimore City or the governing body of a county to alter a
certain limitation on a homeowner's net worth for eligibility for the credit for
purposes of a local supplement; providing for the application of this Act; and
generally relating to authority for the Mayor and City Council of Baltimore City
or the governing body of a county to grant a local supplement to a certain the
homeowners property tax credit.
BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 9-104(a)(13) and 9-215
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
9-104.
(a) (13) "Total real property tax" means the product of the sum of all property
tax rates on real property, including special district tax rates, for the taxable year on a
dwelling, multiplied by the lesser of:
(I) $150,000; OR
(II) the assessed value of the dwelling for $150,000; and then]
reduced by [any] THE AMOUNT OF ANY ASSESSMENT ON WHICH A property tax credit
IS granted under § 9-105 of this subtitle.
9-215.
(a) The Mayor and City Council of Baltimore City or the governing body of a
county may grant, by law, a local supplement to the Homeowners Property Tax Credit
Program provided under § 9-104 of this title.
(b) The county or Baltimore City may not obtain reimbursement under §
9-104(q) of this title for the amount of the local supplement authorized under this
section.
(c) The county shall notify the Department of the enactment of the local
supplement and any change in the local supplement in accordance with any
guidelines specified by the Department.
(d) (1) The Department is responsible for the administrative duties that
relate to the application and determination of eligibility for a property tax credit
under this section.
(2) The county shall reimburse the Department for the reasonable cost of
administering the Tax Credit Program under this section.
- 3831 -
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