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 (Department of Finance)
A Bill Entitled
An Ordinance concerning
title
PACE Loan Program - Corrective
For the purpose of clarifying the description of priorities to which surcharge payments received under the PACE Loan Program must be credited.
body
By repealing and reordaining, with amendments
Article 28 - Taxes
Section 30-8(g)
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 30. Property Assessed Clean Energy (PACE) Loan Program
§ 30-8. Surcharge.
(g) Repayment priority.
Surcharge payments collected through a property owner’s real property or stand-alone tax bill shall be credited:
(1) first, to any non-Program [unpaid] taxes, as defined by [§ 14-801(c)] § 14-801(d) of the State Tax-Property Article, [assessments, and charges] that are delinquent as of the date the surcharge payments are received; and
(2) then, to Program surcharges.
Section 2. And be it further ordained, That the catchlines contained in this Ordinance are not law and may not be considered to have been enacted as a part of this or any prior Ordinance.
Section 3. And be it further ordained, That this Ordinance takes effect on the 30th day after the date it is enacted.