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2000 LAWS OF MARYLAND
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Ch. 391
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Tax - General Property
9-310.
(D) (1) THE GOVERNING BODY OF CHARLES COUNTY MAY GRANT TO NEW
BUSINESSES LOCATING IN THE COUNTY A COUNTY PROPERTY TAX CREDIT OR
EXEMPTION FOR MACHINERY AND EQUIPMENT USED IN MANUFACTURING,
ASSEMBLING, PROCESSING, OR REFINING PRODUCTS FOR SALE OR FOR NEW
FACILITIES IN THE GENERATION OF ELECTRICITY AND MAY DEFINE, FIX, OR LIMIT
THE AMOUNT, TERMS, SCOPE, AND DURATION OF ANY CREDIT OR EXEMPTION
PROVIDED FOR OR AFFIRMED UNDER THIS SUBSECTION.
(2) TO THE EXTENT THAT A TAX CREDIT IS GRANTED FOR PERSONAL
PROPERTY UNDER THIS SUBSECTION, THE PERSONAL PROPERTY MAY NOT BE
TREATED AS TAXABLE PERSONAL PROPERTY FOR THE PURPOSE OF COMPUTING ANY
PAYMENTS OF STATE AID TO EDUCATION UNDER § 5-202 OF THE EDUCATION
ARTICLE OR OTHER PAYMENTS OF STATE AID TO COUNTIES OR MUNICIPAL
CORPORATIONS THAT BY LAW ARE BASED ON THE ASSESSMENT OF PROPERTY.
(E) (1) TO ENCOURAGE THE LOCATION AND DEVELOPMENT OF BUSINESS
OPERATIONS AND EXPANSION OF THE EMPLOYMENT BASE IN CHARLES COUNTY,
THE GOVERNING BODY OF CHARLES COUNTY AND OF A MUNICIPAL CORPORATION IN
CHARLES COUNTY MAY GRANT, BY LAW, A PROPERTY TAX CREDIT AGAINST THE
COUNTY AND MUNICIPAL CORPORATION PROPERTY TAX IMPOSED ON ANY
PROPERTY WITHIN THE JURISDICTION OF THE GOVERNING BODY AUTHORIZING THE
TAX CREDIT OWNED BY A NEW OR EXPANDING BUSINESS THAT CREATES 10 OR MORE
FULL-TIME JOBS IN AN INDUSTRY TARGETED FOR EXPANSION BY THE CHARLES
COUNTY ECONOMIC DEVELOPMENT COMMISSION.
(2) A TAX CREDIT GRANTED UNDER THIS SUBSECTION MAY NOT BE
GRANTED FOR MORE THAN 10 YEARS.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July June 1, 2000.
Approved May 11, 2000.
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CHAPTER 391
(House Bill 576)
AN ACT concerning
State Board of Physical Therapy Examiners - Sunset Extension
FOR the purpose of continuing the State Board of Physical Therapy Examiners in
accordance with the provisions of the Maryland Program Evaluation Act (Sunset
Law) by extending to a certain date the termination provisions relating to the
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