HARRY HUGHES, Governor

307

1.  ANY INCOME TAX REFUND RECEIVED FROM
THE STATE OR FEDERAL GOVERNMENT; OR

2.  ANY LOSS FROM BUSINESS, RENTAL, OR
OTHER ENDEAVOR.

(7)  "NET WORTH" MEANS THE SUM OF THE CURRENT MARKET
VALUE OF ALL ASSETS, LESS ANY OUTSTANDING LIABILITY.

(8)  "OCCUPANCY RENT" MEANS THE RENT PAID FOR THE
RIGHT TO OCCUPY A DWELLING LESS THE REASONABLE VALUE OF THE
UTILITIES OR FURNISHINGS OR BOTH IF THE UTILITIES OR THE USE OF
THE FURNISHINGS OR BOTH ARE INCLUDED IN THE RENT.

(9)  "RENTER" MEANS AN INDIVIDUAL, WHO DURING THE
CALENDAR YEAR FOR WHICH THE PROPERTY TAX RELIEF UNDER THIS
SECTION IS SOUGHT, ACTUALLY OCCUPIES A DWELLING IN WHICH THE
INDIVIDUAL HAS A LEASEHOLD INTEREST AND WHO:

(I)  IS AT LEAST 60 YEARS OLD; OR

(II)  HAS BEEN FOUND PERMANENTLY AND TOTALLY
DISABLED AND HAS QUALIFIED FOR BENEFITS UNDER:

1.  THE SOCIAL SECURITY ACT;

2.  THE RAILROAD RETIREMENT ACT;

3.  ANY FEDERAL ACT FOR MEMBERS OF THE
UNITED STATES ARMED FORCES; OR

4.  ANY FEDERAL RETIREMENT SYSTEM; OR

(III)  HAS BEEN FOUND PERMANENTLY AND TOTALLY
DISABLED BY A COUNTY HEALTH OFFICER OR THE BALTIMORE CITY
COMMISSIONER OF HEALTH.

(B)  PROGRAM ESTABLISHED.

THERE IS A PROPERTY TAX RELIEF PROGRAM FOR ANY RENTER.

(C)  REGULATIONS.

THE DEPARTMENT SHALL ADOPT REGULATIONS NECESSARY TO CARRY
OUT THIS SECTION.

(D)  NOTICE.

THE DEPARTMENT SHALL GIVE TO EACH RENTER NOTICE OF POSSIBLE
PROPERTY TAX RELIEF UNDER THIS SECTION.

(E)  PRINCIPAL RESIDENCE.

IF A DWELLING IS NOT ACTUALLY OCCUPIED OR EXPECTED TO BE
OCCUPIED BY THE RENTER FOR 6 MONTHS OR MORE OF THE CALENDAR YEAR,