EXPLANATION: CAPITALS indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.
* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*
CITY OF BALTIMORE
COUNCIL BILL
Introduced by: Councilmember Kraft
A BILL ENTITLED
AN ORDINANCE concerning
Title
Property Tax Credits - Homestead Property - Increased Credit for Elderly or Disabled Homeowners
FOR the purpose of increasing the property tax credit for homestead property owned by elderly or disabled homeowners; defining certain terms; correcting certain language; and providing for a special effective date.
Body
BY repealing and reordaining, with amendments
Article 28 - Taxes
Section(s) 10-1
Baltimore City Code
(Edition 2000)
SECTION 1. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF BALTIMORE, That the Laws of Baltimore City read as follows:
Baltimore City Code
Article 28. Taxes
Subtitle 10. Credits
§ 10-1. Homestead property.
(A) IN GENERAL.
Pursuant to the [authorization contained in] AUTHORITY OF State Tax-Property Article § 9-105, for [the] ALL taxable [year] YEARS beginning ON OR AFTER July 1, [1993] 2007, the homestead credit percentage for the City property tax is [104%] AS SPECIFIED IN THIS SECTION.
(B) BASIC PERCENTAGE.
EXCEPT FOR HOMEOWNERS WHO MEET THE REQUIREMENTS OF SUBSECTION (C) OF THIS SECTION, THE HOMESTEAD CREDIT PERCENTAGE IS 104%.
(C) AGED OR DISABLED HOMEOWNERS.
(1) THE HOMESTEAD CREDIT PERCENTAGE IS 102% IF THE HOMEOWNER QUALIFYING FOR THE HOMESTEAD TAX CREDIT IS:
(I) 70 YEARS OLD OR OLDER; OR
(II) PERMANENTLY AND TOTALLY DISABLED.
(2) FOR PURPOSES OF THIS SUBSECTION, AN INDIVIDUAL IS CONSIDERED TO BE PERMANENTLY AND TOTALLY DISABLED IF:
(I) THE INDIVIDUAL HAS BEEN SO FOUND BY THE BALTIMORE CITY HEALTH COMMISSIONER; OR
(II) THE INDIVIDUAL HAS SO QUALIFIED UNDER THE SOCIAL SECURITY ACT, THE RAILROAD RETIREMENT ACT, A FEDERAL ACT FOR MEMBERS OF THE UNITED STATES ARMED FORCES, A FEDERAL RETIREMENT SYSTEM, OR A BALTIMORE CITY RETIREMENT SYSTEM
SECTION 2. AND BE IT FURTHER ORDAINED, That the catchlines contained in this Ordinance are not law and may not be considered to have been enacted as a part of this or any prior Ordinance.
SECTION 3. AND BE IT FURTHER ORDAINED, That this Ordinance takes effect on the date it is enacted.
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