HARRY HUGHES, Governor

351

section, the phrase "county, municipal corporation, or
special district property taxes" is substituted for
the former reference to the "applicable tax", for
clarity.

Also in the introductory language of subsection (d) of
this section, the former reference to a property tax
credit being "in addition" to other credits is deleted
as superfluous in light of the revision of subsection
(b) of this section.

In subsection (d)(1) of this section, the defined
terms "open space" and "open area" are substituted for
the former reference to "subject property", for
clarity.

In subsection (f)(1) of this section, the former
phrase "may determine the amounts of such credits in
terms of percent of the tax" is deleted as unnecessary
in light of subsections (b) and (c) of this section.

In subsection (f)(4) of this section, the phrase "any
property tax credit granted" is substituted for the
former phrase "the credit-percentage governing the
amount of such credit", for clarity.

In subsection (g) of this section, the reference to
"accomplished in all respects", which formerly
modified "the valuation and assessment", is deleted as
superfluous.

Also in subsection (g) of this section, the former
reference to "personal property" is deleted as
misleading and, in any event, superfluous.

Defined terms: "Assessment" § 1-101

"County" § 1-101 "County property tax" § 1-101

"Governing body" § 1-101 "Law" § 1-101

"Municipal corporation" § 1-101

"Municipal corporation property tax" § 1-101

"Property" § 1-101 "Property tax" § 1-101

"Real property" § 1-101 "Valuation" § 1-101

"Value" § 1-101

9-209. OPERATING PROPERTIES OF RAILROAD COMPANIES.

(A) COUNTY AND MUNICIPAL CORPORATION TAX.

AS PROVIDED IN SUBSECTION (C) OF THIS SECTION, THE MAYOR AND
CITY COUNCIL OF BALTIMORE CITY OR THE GOVERNING BODY OF A COUNTY
OR OF A MUNICIPAL CORPORATION MAY GRANT, BY LAW, A PROPERTY TAX
CREDIT UNDER THIS SECTION AGAINST THE COUNTY OR MUNICIPAL
CORPORATION PROPERTY TAX IMPOSED ON THE OPERATING PROPERTY OF A
RAILROAD COMPANY THAT IS SUBJECT TO ASSESSMENT UNDER § 8-107 OF
THIS TITLE.