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Code · Maryland · Tax - Property

§ 9-224

147 words·~1 min read·/md/tax-property/9-224

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§9–224.
(a)The Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation may grant, by law, a tax credit against the county or municipal corporation property tax imposed on real property on which there is located a sediment control pond or stormwater management structure that has been:
(1)required by law to be built and maintained on the property; and
(2)built and maintained in compliance with the applicable law.
(b)A county or municipal corporation may provide, by law, for:
(1)the amount of a property tax credit under this section;
(2)the duration of a property tax credit under this section;
(3)subject to subsection
(a)of this section, the definition of a sediment control pond or stormwater management structure qualifying for the credit; and
(4)any other provision necessary to carry out this section.
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