HARRY HUGHES, Governor

401

(F)  CERTIFICATION.

WHEN THE OWNER OF A DWELLING APPLIES TO THE GOVERNING BODY
OF BALTIMORE CITY FOR A PROPERTY TAX CREDIT UNDER THIS SECTION,
THE OWNER SHALL CERTIFY THAT THE DWELLING IS UNSOLD, UNRENTED,
AND UNOCCUPIED.

(G)  NOTICE REQUIRED.

A RECIPIENT OF A PROPERTY TAX CREDIT UNDER THIS SECTION
SHALL SEND IMMEDIATELY TO THE GOVERNING BODY OF BALTIMORE CITY A
NOTICE THAT THE DWELLING HAS BEEN SOLD, RENTED, OR OCCUPIED.

(H) DURATION.

A PROPERTY TAX CREDIT GRANTED UNDER THIS SECTION IS
AVAILABLE:

(1)  AS LONG AS THE DWELLING REMAINS UNSOLD, UNRENTED,
AND UNOCCUPIED; AND

(2)  OVER A CONTINUOUS PERIOD OF TIME NOT EXCEEDING 1
YEAR FOR ANY DWELLING.

(I) FAILURE TO COMPLY.

IF A RECIPIENT OF A PROPERTY TAX CREDIT UNDER THIS SECTION
FAILS TO COMPLY WITH THE PROVISIONS OF THIS SECTION, THE PROPERTY
TAX CREDIT UNDER THIS SECTION IS FORFEITED IMMEDIATELY.

REVISOR'S NOTE: This section is new language derived
without substantive change from former Art. 81, §
12G-9.

Subsection (a) of this section is revised as a
definition of "dwelling", for brevity and clarity and
to state expressly that a "dwelling" does not include
"land".

Also, in subsection (a) of this section, the
introductory language of former Art. 81, § 12E(a),
which stated that this section exclusively regulates
"the granting of special tax credits" is deleted as
misleading and, in any event, superfluous.

In subsections (c), (e), (f), and (g) of this section,
the defined term "governing body" is substituted for
the former references to the "Baltimore City board of
estimates", for clarity.

In subsection (c) of this section, the phrase "not
exceeding 100% against the county property tax" is
substituted for the former phrase "not more than the
property taxes", for clarity.