Ch. 601                                    1996 LAWS OF MARYLAND

(2) THE AUTHORITY FAILED TO FOLLOW ITS OWN PROCEDURES OR
REGULATIONS FOR RESOLVING A DISPUTE UNDER § 13-1108(4) § 13-1108(4)(II) OF THIS
SUBTITLE.

Article 48A - Insurance Code

634A.                                                         

A PERSON SUBJECT TO THE TAX IMPOSED UNDER THIS SUBTITLE MAY CLAIM A
CREDIT AGAINST THE TAX FOR A CERTIFIED REHABILITATION AS PROVIDED
UNDER § 10-704.4 OF THE TAX - GENERAL ARTICLE ARTICLE 83B. § 5-801 OF THE
CODE.

Article - Tax - General

8-208.1.

A FINANCIAL INSTITUTION MAY CLAIM A CREDIT AGAINST THE FINANCIAL
INSTITUTION FRANCHISE TAX FOR A CERTIFIED REHABILITATION AS PROVIDED
UNDER § 10-704.4 OF THIS ARTICLE ARTICLE 83B. § 5-801 OF THE CODE.

8-406.1.

A PUBLIC SERVICE COMPANY MAY CLAIM A CREDIT AGAINST THE PUBLIC
SERVICE COMPANY FRANCHISE TAX FOR A CERTIFIED REHABILITATION AS
PROVIDED UNDER § 10 704.4 OF THIS ARTICLE ARTICLE 83B, § 5-801 OF THE CODE.

10-208.

[(h) (1) (i) In this subsection the following words have the meanings
indicated.

(ii) "Amortizable basis" means the part of the basis attributable to
amounts spent for the rehabilitation of a certified nondepreciable historic structure that
is consistent with the historic character of the property or district under the regulations of
the Comptroller.

(iii) "Certified local government" means a political subdivision in the
State that:

1.       participates in the United States Department of Interior
National Park Service Certified Local Government Program as stipulated in 36 Code of
Federal Regulations 61;

2.       conducts a historic preservation program that the National
Park Service certifies as meeting all of the requirements and criteria of the program as
stipulated in 36 Code of Federal Regulations 61; and

3.       for the designation of individual historic properties and
historic districts, employs criteria that the Maryland Historical Trust approves as being
consistent with criteria used by the Trust.

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