rental dwelling to an owner-occupied dwelling; authorizing the governing body
of Charles County to grant a recordation tax exemption for an instrument of
writing that transfers a rental dwelling to an individual who will occupy the
dwelling as the individual's principal residence; authorizing the governing body
of Charles County to provide, by law, for certain provisions to implement the
property tax credit and recordation tax exemption; and generally relating to
certain authority for the governing body of Charles County to grant certain tax
credits and exemptions for certain property located in certain designated areas.

BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 9-310

Annotated Code of Maryland

(1994 Replacement Volume and 1998 Supplement)

BY adding to

Article - Tax - Property

Section 12-114

Annotated Code of Maryland

(1994 Replacement Volume and 1998 Supplement)

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

Article - Tax - Property

9-310.

(a) The governing body of Charles County may grant, by law, a property tax
credit under this section against the county tax imposed on:

(1) real property that is:

(i) owned by a nonprofit community or civic improvement
association or corporation; and

(ii) used only for a community, civic, educational, recreational, or
library purpose, if:

1. unless the compensation is used only to improve or
maintain the property, the use is not contingent on the payment of compensation for
admission; and

2. unless the compensation is used only to improve or
maintain the property, failure to pay compensation is not a reason to deny admission
to or use of the property;

(2) real property that is owned by the Greater Waldorf Jaycees,
Incorporated;