Baltimore City Council
File #: 14-0335    Version: 0 Name: Newly Constructed Dwellings - Property Tax Credit - Reauthorization
Type: Ordinance Status: Enacted
File created: 3/10/2014 In control: City Council
On agenda: Final action: 6/26/2014
Enactment #: 14-260
Title: Newly Constructed Dwellings - Property Tax Credit - Reauthorization FOR the purpose of reauthorizing and extending for a certain period the property tax credit for newly constructed dwellings; and generally relating to a property tax credit for newly constructed dwellings.
Sponsors: Bill Henry, James B. Kraft, Brandon M. Scott, Helen L. Holton, Mary Pat Clarke, Rochelle Spector, Edward Reisinger, William H. Cole, IV, President Young, Sharon Green Middleton, Robert Curran, Nick Mosby
Indexes: Dwellings, Newly-constructed, Property Tax Credit, Tax Credits
Attachments: 1. 14-0335 - 1st Reader.pdf, 2. BDC - 14-0335.pdf, 3. Planning - 14-0335.pdf, 4. Finance - 14-0335.pdf, 5. Law - 14-0335.pdf, 6. HCD - 14-0335.pdf, 7. 14-0335~3rd 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 Henry


A BILL ENTITLED
AN ORDINANCE concerning
title
Newly Constructed Dwellings - Property Tax Credit - Reauthorization

FOR the purpose of reauthorizing and extending for a certain period the property tax credit for newly constructed dwellings; and generally relating to a property tax credit for newly constructed dwellings.
body

BY authority of
Article - Tax-Property
Section 9-304(d)
Annotated Code of Maryland
(As amended by Chapter ___ (SB 267/HB 314), Acts of 2014)

BY repealing and reordaining with amendments
Article 28 - Taxes
Section(s) 10-5(i)
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

§ 105. Newly constructed dwellings.

(i) Termination of program.

(1) After June 30, [2014] 2019, additional owners of newly constructed dwellings may not be granted a credit under this section.



(2) This subsection does not apply to an owner’s continuing receipt of a credit as allowed in subsection (d) with respect to a property for which a tax credit under this section was received for a taxable year ending on or before June 30, [2014] 2019.

SEC...

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