HARRY HUGHES, Governor

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district commission shall designate each structure in the county
or municipal corporation that [are] IS eligible for a property
tax credit under this section.

9-208.

(d) The Mayor and City Council of Baltimore City or the
governing body of a county or of a municipal corporation may
grant a property tax credit not exceeding 100% of the county,
municipal corporation, or special district property tax imposed
on an "open space" or "open area" if:

(1)  the owner of the "open space" or "open area"
agrees to sell or convey the "open space" or "open area" in an
option agreement to:

(i) the federal, the State, or local
government; or

(ii) the Maryland-National Capital Park and
Planning Commission; AND

(2)  the option agreement:

(i) provides that the conveyance is in fee
simple;

(ii) provides that the conveyance is made
within a fixed period not exceeding 20 years;

(iii) provides that the price of the conveyance
does not exceed the fair market value of the real property when
the option is executed; and

(iv) contains provisions as the grantee deems
necessary to preserve the real property as an "open space" or
"open area".

9-209.

(a) 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] ARTICLE.

(c) (1) A property tax credit may be granted for any fiscal
year that the railroad company provides freight service in the
county or municipal corporation under a contract between the
railroad company or its trustees and:

(i) the county or municipal corporation;