ROBERT L. EHRLICH, JR., Governor                             Ch. 379

2.       owned in fee by that land trust[; and

3.       subject to a letter of intent, agreement, or option
agreement for the resale of the property to a government agency];

(iii) owned by the Potomac Conservancy; or

(iv) owned by the Western Shore Conservancy.

(3) "Land trust" means a qualified conservation organization as defined
in § 3-2A-01 of the Natural Resources Article.

(b)     The Mayor and City Council of Baltimore City or the governing body of a
county or municipal corporation may grant, by law, a property tax credit against the
county or municipal corporation property tax imposed on conservation land or
property owned by a land trust that qualifies under subsection (d) of this section, that
is used:

(1)     to assist in the preservation of a natural area;

(2)     for the environmental education of the public;

(3)     generally to promote conservation; [or]

(4)     for the maintenance of:

(i) a natural area for public use; or
(ii) a sanctuary for wildlife; OR

(5)  TO CONSERVE AGRICULTURAL LAND AND TO PROMOTE CONTINUED
AGRICULTURAL USE OF THE LAND.

(c)     The Mayor and City Council of Baltimore City or the governing body of a
county or municipal corporation may provide, by law, for:

(1)     the amount and duration of the property tax credit under this section;
and

(2)     any other provision necessary to carry out the property tax credit
under this section.

(d)     To qualify for a property tax credit under this section, a land trust shall:

(1)     be certified by the Maryland Environmental Trust to be a land trust
in good standing and to have a cooperative agreement in effect; and

(2)     obtain a written certification every 5 years beginning July 1, 1998, or
as scheduled by the Maryland Environmental Trust.

12-108.

(cc) (1) (i) In this subsection the following words have the meanings
indicated.

(ii) "Land trust" means a qualified conservation organization that:
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