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: President Young
A BILL ENTITLED
AN ORDINANCE concerning
title
Property Tax Credits - City Supplement to Homeowners' Tax Credit Program
FOR the purpose of establishing a City supplement to the State Homeowners' Property Tax Credit Program; defining certain terms; imposing certain limitations, conditions, and qualifications for credit eligibility; and providing for the amount and administration of the credit.
body
BY adding
Article 28 - Taxes
Section 10-20
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
? 10-20. CITY SUPPLEMENT TO HOMEOWNERS? TAX CREDIT PROGRAM.
(A) DEFINITIONS.
(1) IN GENERAL.
IN THIS SECTION, THE FOLLOWING TERMS HAVE THE MEANINGS INDICATED.
(2) COMBINED INCOME.
?COMBINED INCOME? HAS THE MEANING STATED IN STATE TAX-PROPERTY ARTICLE ??9104(A)(3).
(3) DWELLING.
?DWELLING? HAS THE MEANING STATED IN STATE TAX-PROPERTY ARTICLE ??9104(A)(6).
(4) HOMEOWNER.
?HOMEOWNER? HAS THE MEANING STATED IN STATE TAX-PROPERTY ARTICLE ??9104(A)(9).
(5) STATE HOMEOWNERS? TAX CREDIT PROGRAM.
?STATE HOMEOWNERS? TAX CREDIT PROGRAM? MEANS THE HOMEOWNERS? PROPERTY TAX CREDIT PROGRAM ESTABLISHED BY STATE TAX-PROPERTY ARTICLE ??9-104.
(6) TOT...
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