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Code · Maryland · Tax - Property

§ 9-248

252 words·~1 min read·/md/tax-property/9-248

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§9–248.
(a)In this section, “family assistance dwelling” means a house, and the lot or curtilage on which the house is erected, if the house:
(1)is not a vacation home;
(2)is not the residence of the homeowner but treated as used by the homeowner for personal purposes within the meaning of § 280A(d) of the Internal Revenue Code; and
(3)is the only residence of an individual who:
(i)is the brother, sister, half–brother, half–sister, spouse, parent, step–parent, grandparent, child, step–child, adopted child, or grandchild of the homeowner;
(ii)makes rental payments to the homeowner that are less than 90% of a fair rental price paid for a similar dwelling in the same area; and
(iii)is entitled to low income assistance benefits under a federal or State program.
(b)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 a family assistance dwelling.
(c)The Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation may provide, by law, for:
(1)the amount and duration of the tax credit under this section;
(2)additional eligibility criteria for the tax credit under this section;
(3)regulations and procedures for the application and uniform processing of requests for the tax credit; and
(4)any other provision necessary to carry out the credit under this section.
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