WILLIAM DONALD SCHAEFER, Governor Ch. 359
American Institute of Physics to affiliated societies for a
certain purpose.
BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 9-318(a) 9-318(b)(1)
Annotated Code of Maryland
(1986 Volume and 1988 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Tax - Property
9-318.
(a) The governing body of Prince George's County shall
grant a property tax credit under this section against the county
property tax imposed on:
(1) real property:
(i) owned by the Maryland Jaycees,
Incorporated; and
(ii) used in the operation of a charitable
nonprofit educational or rehabilitation institution of the kind
that is exempted under § 7-202 of this article; [and]
(2) real property owned by the Prince George's County
Chamber of Commerce Foundation, Inc., if the real property:
(i) is acquired on or after November 24, 1973;
and
(ii) is not used for a commercial purpose; AND
(3) REAL PROPERTY OWNED BY THE AMERICAN ASSOCIATION
OF PHYSICS TEACHERS.
(b) (1) The governing body of Prince George's County may
grant, by law, a property tax credit under this section against
county property tax imposed on:
(i) real property that is:
1. owned by a nonprofit community civic
association or corporation;
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