Baltimore City Council
File #: 06-0341    Version: 0 Name: Property Tax Credits - Homestead Property - Increased Credit for Elderly or Disabled Homeowners
Type: Ordinance Status: Withdrawn
File created: 2/6/2006 In control: City Council
On agenda: Final action: 11/13/2006
Enactment #:
Title: Property Tax Credits - Homestead Property - Increased Credit for Elderly or Disabled Homeowners FOR the purpose of increasing the property tax credit for homestead property owned by elderly or disabled homeowners; defining certain terms; correcting certain language; and providing for a special effective date.
Sponsors: James B. Kraft, President Dixon, Nicholas C. D'Adamo, President Young, Kenneth Harris, Edward Reisinger, Mary Pat Clarke, Belinda Conaway, Agnes Welch
Indexes: Property Tax Credit
Attachments: 1. 0341 - 1st Reader.pdf
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 Kraft

A BILL ENTITLED

AN ORDINANCE concerning
Title
Property Tax Credits - Homestead Property - Increased Credit for Elderly or Disabled Homeowners

FOR the purpose of increasing the property tax credit for homestead property owned by elderly or disabled homeowners; defining certain terms; correcting certain language; and providing for a special effective date.
Body
BY repealing and reordaining, with amendments
Article 28 - Taxes
Section(s) 10-1
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

§ 10-1. Homestead property.

(A) IN GENERAL.

Pursuant to the [authorization contained in] AUTHORITY OF State Tax-Property Article § 9-105, for [the] ALL taxable [year] YEARS beginning ON OR AFTER July 1, [1993] 2007, the homestead credit percentage for the City property tax is [104%] AS SPECIFIED IN THIS SECTION.


(B) BASIC PERCENTAGE.

EXCEPT FOR HOMEOWNERS WHO MEET THE REQUIREMENTS OF SUBSECTION (C) OF THIS SECTION, THE HOMESTEAD CREDIT PERCENTAGE IS 104%.

(C) AGED OR DISABLED HOMEOWNERS.

(1) THE HOMESTEAD CREDIT PERCENTAGE IS 102% IF THE HOMEOWNER QUALIFYING FOR THE HOMESTEAD TAX CREDIT IS:

(I) 70 YEARS OLD OR OLDER; OR

(II) PERMANENTLY AND T...

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