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WILLIAM DONALD SCHAEFER, Governor
S.B. 689
[3.] (III) 60% of the increase in the assessment of the real
property in the 4th taxable year that the improved structure is subject to the county
property tax;
[4.] (IV) 40% of the increase in the assessment of the real
property in the 5th taxable year that the improved structure is subject to the county
property tax; and
[(ii)](2) ended after the 5th taxable year that the improved structure is
subject to county property tax.
[(b) (1) The governing body of Carroll County may grant, by law, a property tax
credit under this section against the county property tax imposed on:
(i) real property that is:
1. owned by the Maryland Jaycees Foundation, Incorporated, of
Carroll County; and
2. located at 602 Johahn Drive in Westminster, Maryland; and
(ii) real property that is:
1. leased by the Sykesville Little League, Incorporated;
2. located east of Obrecht Road in the 5th election district of
Carroll County; and
3. used only by the Sykesville Little League, Incorporated.]
[(2)](C) A property tax credit granted under [paragraph (1)(i)of this
subsection] SUBSECTION (A)(III) OF THIS SECTION shall continue in effect until the
property is conveyed.
9-309.
The governing body of Cecil County [and] OR of a municipal corporation in Cecil
County [shall] MAY grant a property tax credit under this section against the county
[and] OR municipal corporation property tax imposed on:
(1) property that is owned by the Society for the Preservation of Maryland
Antiquities, Incorporated; and
(2) property that is owned by the Friends of the Library of Cecil County,
Maryland, Incorporated.
9-311.
(a) The governing body of Dorchester County [and] OR of a municipal
corporation in Dorchester County [shall] MAY grant a property tax credit under this
section against the county [and] OR municipal corporation property tax imposed on:
(1) property that on July 1, 1969 was owned by the Women's Auxiliary of the
Dorchester Memorial Hospital; and
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