|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor
|
|
|
|
|
|
Ch. 346
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CHAPTER 346
(House Bill 197)
AN ACT concerning
Worcester County - Property Tax Exemption Credit - Ocean City Chamber of
Commerce
FOR the purpose of providing an exemption from property tax for the Ocean City
Maryland Chamber of Commerce; and providing for the application of this Act
authorizing the governing body of Worcester County to grant, by law, a property
tax credit against the county property tax imposed on property that is owned by a
certain organization; authorizing Worcester County to provide, by law, for certain
provisions relating to property tax credits granted by the county; and generally
relating to property tax credits in Worcester County.
BY adding to repealing and reenacting, with amendments.
Article - Tax - Property
Section 7-241 9-325
Annotated Code of Maryland
(1994 Replacement Volume and 1999 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Tax - Property
7-241.
PROPERTY IS NOT SUBJECT TO PROPERTY TAX IF THE PROPERTY IS OWNED BY
THE OCEAN CITY, MARYLAND CHAMBER OF COMMERCE.
9-325.
(A) The governing body of Worcester County may grant, by law, a property tax
credit under this section against the county property tax imposed on:
(1) property that is:
(i) owned by the Berlin Community Improvement Association,
Incorporated, of Worcester County; and
(ii) used only for the nonprofit activities of the organization;
(2) property that is:
(i) owned by the Marlin Park Association, Incorporated; and
(ii) used for nonprofit purposes;
(3) property that is owned or leased by the Greater Ocean City Health
Service Corporation; [and]
|
|
|
|
|
|
|
|
|
- 2021 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
