WILLIAM DONALD SCHAEFER, Governor

Ch. 154

(4)  "Current market value" means:

(i) for residential property, the value as
determined by the Department; and

(ii) for farmland, marshland, and woodland, the
value under Title 8, Subtitle 2 of this article as determined by

the Department.

(5)  "DISABLED VETERAN" HAS THE MEANING STATED IN §
7-208(A) OF THIS ARTICLE.

[(5)] (6) "Dwelling" means a house that is:

(i) used as the principal residence of a
homeowner and the lot or curtilage on which the house is erected;

and

(ii) actually occupied or expected to be
actually occupied by the homeowner for more than 6 months of a
12-month period, which actual or expected occupancy period shall
include July 1 of the taxable year for which the property tax
credit under this section is sought.

[(6)] (7) "Final tax liability" means the tax
liability for any property tax on the real property of a dwelling
less any property tax credit provided under this section.

[(7)] (8) (i) "Gross income" means the total income
from all sources for the calendar year that immediately precedes
the taxable year, whether or not the income is included in the
definition of gross income for federal or State tax purposes.

(ii) "Gross income" includes:

1.  any benefit under the Social Security
Act or the Railroad Retirement Act;

2.  the aggregate of gifts over $300;

3.  alimony;

4.  support money;

5.  any nontaxable strike benefit;

6.  public assistance received in a cash

grant;

7.  a pension;

8.  an annuity;

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