City of Baltimore - File #: 13-0176

• File #: 13-0176
• Version: 0
• Name: Tax Credits - High-Performance Market-Rate Rental Housing
• Type: Ordinance
• Status: Enacted
• File created: 1/28/2013
• In control: City Council
• Final action: 4/11/2013
• Enactment #: 13-112
• Title: Tax Credits - High-Performance Market-Rate Rental Housing FOR the purpose of providing a property tax credit for certain newly constructed or converted high-performance market-rate rental housing projects; imposing certain limitations, conditions, and qualifications; providing for the administration of the credit; defining certain terms; setting a date for termination of the program; and generally relating to property tax credits.
• Sponsors: City Council President (Administration)
• Indexes: Rental Properties, Tax Credits

Date	Ver.	Action By	Action	Result
4/11/2013	0	Mayor	Signed by Mayor
4/8/2013	0	City Council	Approved and Sent to the Mayor
4/8/2013	0	City Council	Approved and Sent to the Mayor
3/18/2013	0	City Council	Advanced to 3rd Rdr., Adopted Comm. Report
3/18/2013	0	Taxation, Finance and Economic Development Committee	Recommended Favorably with Amendment
3/4/2013	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
1/31/2013	0	The City Council	Referred for a Report
1/31/2013	0	The City Council	Referred for a Report
1/31/2013	0	The City Council	Referred for a Report
1/31/2013	0	The City Council	Referred for a Report
1/31/2013	0	The City Council	Referred for a Report
1/31/2013	0	The City Council	Referred for a Report
1/31/2013	0	The City Council	Referred for a Report
1/31/2013	0	The City Council	Referred for a Report
1/28/2013	0	City Council	Introduced
1/28/2013	0	City Council	Assigned

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: The Council President
At the request of: The Administration (Baltimore Development Corporation)

A BILL ENTITLED

AN ORDINANCE concerning
title
Tax Credits - High-Performance Market-Rate Rental Housing

FOR the purpose of providing a property tax credit for certain newly constructed or converted high-performance market-rate rental housing projects; imposing certain limitations, conditions, and qualifications; providing for the administration of the credit; defining certain terms; setting a date for termination of the program; and generally relating to property tax credits.
body

BY authority of
Article - Tax-Property
Section(s) 9-242
Annotated Code of Maryland

BY adding
Article 28 - Taxes
Section(s) 10-17
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

§ 10-17. HIGH-PERFORMANCE MARKET-RATE RENTAL HOUSING.

(A) DEFINITIONS.

(1) IN GENERAL.

IN THIS SECTION, THE FOLLOWING TERMS HAVE THE MEANINGS INDICATED.



(2) HIGH-PERFORMANCE.

“HIGH-PERFORMANCE” MEANS A HIGH PERFORMANCE BUILDING AS DEFINED IN STATE TAX-PROPERTY ARTICLE § 9-242.

(3) MARKET-RATE RENTAL HOUSING PROJECT.

“MARKET-RATE RENTAL HOUSING PROJECT” MEANS A MULTI-FAMILY DWELLING:

(I) THAT CONTAINS 50 ...