[(2)](E) The same State tax credit cannot be applied more than once
against different taxes by the same taxpayer.

[(3)] (F) If the State tax credit allowed under this [subsection] SECTION
in any taxable year exceeds the total tax otherwise payable by the business entity for
that taxable year, a business entity OR ITS AFFILIATES may apply the excess as a
credit for succeeding taxable years until the earlier of:

(i) (1) the full amount of the excess is used; or

(2) the expiration of the 5th taxable year after the taxable
year in which the State tax credit is claimed.

[(4)] (G) The Maryland Insurance Commissioner shall adopt regulations
to provide for the computation, carryover, and recapture of the State tax credit under
§ 6-116 of the Insurance Article.

[(5)](H) The Department shall adopt regulations to provide for the
computation, carryover, and recapture of the State tax credit under §§ 8-217 and
8-414 § 8-217 of the Tax - General Article.

[(6)] (I) The Comptroller shall adopt regulations to provide for the
computation, carryover, and recapture of the State tax credit under § 10-704.8 of the
Tax - General Article.

[(g)] (J) The lessor of real property eligible for PROPERTY tax credits under
[subsection (b) of] this section shall reduce by the amount of the PROPERTY tax
credits computed under subsections (e) and (f) of this section the amount of taxes for
which the eligible business entity is contractually liable under the lease agreement.

[(h)] (K) The governing body of the county or municipal corporation shall
provide, by law, for:

(1) the specific requirements for eligibility for a tax credit authorized
under this section;

(2) any additional limitations on eligibility for the credit;

[(3) a provision requiring recapture of the property and State tax credits
earned, if, during the 3 taxable years succeeding any year in which a credit was
earned, the business entity fails to satisfy the applicable thresholds to qualify for a
property tax credit required under subsection (c) of this section;

(4)] (3) the information to be supplied by the business entity to a county
or municipal corporation and the Comptroller to verify that the business entity is not
subject to [item (3) of this] subsection (L) OF THIS SECTION; and

[(5)] (4) any other provision appropriate to implement the credit.

(L) ALL CREDITS CLAIMED UNDER THIS SECTION FOR A TAXABLE YEAR
SHALL BE RECAPTURED IF, DURING THE 3 TAXABLE YEARS SUCCEEDING THE
TAXABLE YEAR IN WHICH A CREDIT WAS CLAIMED: