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 - High-Performance Buildings
FOR the purpose of granting a property tax credit for certain high-performance buildings; defining certain terms; establishing certain conditions; imposing certain limitations; and generally relating to tax credits for qualifying high-performance buildings.
Body
BY adding
Article 28 - Taxes
Section(s) 10-16
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
ยง 10-16. HIGH-PERFORMANCE BUILDINGS.
(A) DEFINITIONS.
(1) IN GENERAL.
IN THIS SECTION, THE FOLLOWING TERMS HAVE THE MEANINGS INDICATED.
(2) DIRECTOR.
"DIRECTOR" MEANS THE DIRECTOR OF FINANCE OR DESIGNEE.
(3) HIGH-PERFORMANCE BUILDING.
"HIGH-PERFORMANCE BUILDING" MEANS A BUILDING THAT:
(I) ACHIEVES A SILVER RATING OR HIGHER, ACCORDING TO THE U.S. GREEN BUILDING COUNCIL'S LEED (LEADERSHIP IN ENERGY AND ENVIRONMENTAL DESIGN) GREEN BUILDING RATING SYSTEM, AS ADOPTED BY THE MARYLAND GREEN BUILDING COUNCIL;
(II) ACHIEVES AT LEAST A COMPARABLE RATING ACCORDING TO ANY OTHER APPROPRIATE RATING SYSTEM; OR
(III) MEETS COMPARABLE GREEN BUILDING GUIDELINES OR STANDARDS APPROVED B...
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