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 Henry
A Bill Entitled
An Ordinance concerning
title
Property Tax Credit - Habitat for Humanity
For the purpose of granting, in accordance with State Tax-Property Article _ 9-252, a property tax against certain real property owned and held by Habitat for Humanity; requiring an annual report from Habitat for Humanity detailing certain information; providing for a term of the credit; and requiring that the Director of Finance adopt certain regulations in order to implement and administer this property tax credit.
body
By authority of
Tax-Property Article
Section 9-252
Maryland Code
By adding
Article 28 - Taxes
Section 10-4
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
§ 10-4. Habitat for Humanity.
(a) Credit granted.
In accordance with State Tax-Property Article § 9-252, there is a 100% property tax credit for real property located within the City of Baltimore that is:
(1) owned by Habitat for Humanity with the intention of relinquishing ownership in the near future;
(2) used for the purposes of development, rehabilitation, and transfer to a private owner; and
(3) not occupied by administrative or warehouse buildings owned by Habitat for Humanity.
(b) Annual report.
In order to r...
Click here for full text