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
Food Desert Incentive Areas - Expenditure Requirements for Tax Credit
For the purpose of establishing a new minimum expenditure requirement for substantially renovated supermarkets that is lower than the expenditure requirement for newly constructed supermarkets; and generally relating to the qualifications for a tax credit granted to certain supermarkets in a Food Desert Incentive Area.
body
By repealing and reordaining, without amendment
Article 28 - Taxes
Section 10-30(a)(7)
Baltimore City Code
(Edition 2000)
By repealing and reordaining, with amendments
Article 28 - Taxes
Section 10-30(b) and (c)
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
§ 10-30. Food Desert Incentive Areas (Personal Property Tax Credit)
(a) Definitions.
(7) Qualified supermarket.
“Qualified supermarket’ means a supermarket that has been newly constructed or newly substantially renovated to meet the qualifications imposed by this subtitle.
(b) Credit granted.
In accordance with [state tax-property article § 9-304] State Tax-Property Article § 9-304(h), a tax credit is granted against the City personal property tax imposed on qualified superm...
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