City of Baltimore - File #: 14-0359

• File #: 14-0359
• Version: 0
• Name: Tax Credits - Citywide High-Performance Market-Rate Rental Housing
• Type: Ordinance
• Status: Enacted
• File created: 4/7/2014
• In control: City Council
• Final action: 8/7/2014
• Enactment #: 14-278
• Title: Tax Credits - Citywide High-Performance Market-Rate Rental Housing FOR the purpose of providing a Citywide property tax credit for certain newly constructed or converted high-performance market-rate rental housing projects; imposing certain limitations, conditions, and qualifications; providing for the administration of the credit; defining certain terms; setting a date for termination of the program; and generally relating to property tax credits.
• Sponsors: City Council President (Administration)
• Indexes: Rental Housing, Tax Credits

Date	Ver.	Action By	Action	Result
8/7/2014	0	Mayor	Signed by Mayor
7/17/2014	0	City Council	Approved and Sent to the Mayor
7/17/2014	0	City Council	Approved and Sent to the Mayor
6/23/2014	0	City Council	Advanced to 3rd Rdr., Adopted Comm. Report
6/23/2014	0	Taxation, Finance and Economic Development Committee	Recommended Favorably
6/9/2014	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
4/10/2014	0	The City Council	Referred for a Report
4/10/2014	0	The City Council	Referred for a Report
4/10/2014	0	The City Council	Referred for a Report
4/10/2014	0	The City Council	Referred for a Report
4/10/2014	0	The City Council	Referred for a Report
4/10/2014	0	The City Council	Referred for a Report
4/10/2014	0	The City Council	Referred for a Report
4/10/2014	0	The City Council	Referred for a Report
4/7/2014	0	City Council	Introduced
4/7/2014	0	City Council	Assigned

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
Tax Credits - Citywide High-Performance Market-Rate Rental Housing

FOR the purpose of providing a Citywide property tax credit for certain newly constructed or converted high-performance market-rate rental housing projects; imposing certain limitations, conditions, and qualifications; providing for the administration of the credit; defining certain terms; setting a date for termination of the program; and generally relating to property tax credits.
body

BY authority of
Article - Tax-Property
Section 9-242
Annotated Code of Maryland

BY recaptioning
Article 28 - Taxes
Section 10-17 {“High-Performance Market-Rate Rental Housing”}
to be
Section 10-17 {“High-Performance Market-Rate Rental Housing – Targeted Areas”}
Baltimore City Code
(Edition 2000)

BY adding
Article 28 - Taxes
Section(s) 10-18
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

§ 10-17. High-performance market-rate rental housing - TARGETED AREAS.
. . . .

§ 10-18. HIGH-PERFORMANCE MARKET-RATE RENTAL HOUSING - CITYWIDE.

(A) DEFINITIONS.

(1) IN GENERAL....