PARRIS N. GLENDENING, Governor                              Ch. 715

EXISTENCE OF PAINT CONTAINING LEAD PIGMENT ON SURFACES IN OR ON A
RENTAL DWELLING UNIT IN THE STATE AND DISPOSITION OF THAT RENT.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1997.

Approved May 22, 1997.

CHAPTER 715
(House Bill 1090)

AN ACT concerning

Frederick County - Property Tax Credit - Leased Property Used for Educational

Purposes

FOR the purpose of authorizing the governing body of Frederick County and a municipal
corporation in Frederick County to grant, by law, a property tax credit against
county or municipal corporation property tax imposed on real property leased to a
nonprofit school and used exclusively for primary or secondary educational
purposes; and providing for the duration of the property tax credit.

BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 9-312(e) and (f)
Annotated Code of Maryland
(1994 Replacement Volume and 1996 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Tax - Property

9-312.

(e) THE GOVERNING BODY OF FREDERICK COUNTY AND OF A MUNICIPAL
CORPORATION IN FREDERICK COUNTY MAY GRANT, BY LAW, A PROPERTY TAX
CREDIT UNDER THIS SECTION AGAINST THE COUNTY OR MUNICIPAL CORPORATION
PROPERTY TAX IMPOSED ON REAL PROPERTY THAT IS:

(1)     LEASED TO A NONPROFIT SCHOOL; AND

(2)     USED EXCLUSIVELY FOR PRIMARY OR SECONDARY EDUCATIONAL
PURPOSES.

(F) A taxpayer may apply for a property tax credit under this section on or before
October 1 of the taxable year.

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