Ch. 174

1996 LAWS OF MARYLAND

(2) (C) THE PROPERTY MAY NOT BE PROPERTY DOES NOT QUALIFY FOR
THE EXEMPTION UNDER THIS SECTION IF THE PROPERTY IS USED PRIMARILY IN -
ADMINISTRATION. MANAGEMENT. SALES. STORAGE. SHIPPING. RECEIVING. OR ANY
OTHER NONMANUFACTURING ACTIVITY; AND.

(3) (D) IN ORDER TO QUALIFY FOR THE EXEMPTION UNDER THIS
SECTION A PERSON CLAIMING THE EXEMPTION MUST APPLY FOR AND BE GRANTED
THE EXEMPTION BY THE DEPARTMENT.

7-226.

(a)     Except as provided in § 7-109 of this title and in subsection (b) of this section,
raw materials and manufactured products in the possession of a manufacturer are not
subject to property tax.

(b)     Except as provided by § 7-108 of this title, the personal property described in
subsection (a) of this section is subject to a county property tax on 20% of its assessment
in Allegany County.

9-205.

(a)     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 part or all of
the property of any manufacturing, fabricating, or assembling facility OR REAL
PROPERTY OF A RESEARCH AND DEVELOPMENT FACILITY that:

(1)     locates in the county or municipal corporation;

(2)     expands in the county or municipal corporation; or

(3)     develops a new product or industrial process.

(b)     A property tax credit under this section is MAY BE GRANTED ON UP TO 100%
of the county or municipal corporation property tax against the property described in
subsection (a) of this section.

(c)     A property tax credit granted under this section may be granted for the period
of years from the date of completion of a new facility or expansion of a facility that the
Mayor and City Council of Baltimore City or the appropriate governing body determines.

(d)     The Mayor and City Council of Baltimore City or the appropriate governing
body may: '

(1)     adopt regulations necessary to carry out this section; and

(2)     provide any other restriction or condition considered desirable.

(e)     The Mayor and City Council of Baltimore City or each governing body shall
designate the administrative unit or official to administer the property tax credit granted
under this section.

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