Baltimore City Council
File #: 20-0555    Version: 0 Name: High-Performance Market-Rate Rental Housing Tax Credit - Revision
Type: Ordinance Status: Failed - End of Term
File created: 7/6/2020 In control: Taxation, Finance and Economic Development Committee
On agenda: Final action: 12/7/2020
Enactment #:
Title: High-Performance Market-Rate Rental Housing Tax Credit - Revision For the purpose of making certain revisions to a provision regarding the use of the high-performance market-rate rental housing tax credit in conjunction with other tax subsidies; and providing for a special effective date.
Sponsors: City Council President (Administration)
Indexes: High-Performance Buildings, Market-Rate
Attachments: 1. 20-0555~1st Reader, 2. Law 20-0555
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 (Dept. of Finance/Baltimore Development Corporation)

A Bill Entitled

An Ordinance concerning
title
High-Performance Market-Rate Rental Housing Tax Credit - Revision
For the purpose of making certain revisions to a provision regarding the use of the high-performance market-rate rental housing tax credit in conjunction with other tax subsidies; and providing for a special effective date.
body

By repealing and re-ordaining, with amendments
Article 28 - Taxes
Section(s) 10-18(h)
Baltimore City Code
(Edition 2000)

By repealing and re-ordaining, without amendments
Article 28 - Taxes
Section(s) 10-18(a), (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

§ 10-18. High-performance market-rate rental housing - Citywide.

(a) Definitions.

(1) In general.

In this section, the following terms have the meanings indicated.

(2) High-performance.

“High-performance” means a high performance building as defined in State Tax-Property Article § 9-242.

(3) Market-rate rental housing project.

“Market-rate rental housing project” means a multi-family dwelling:

(i) that contains 10 or more rental units; and

(ii) in which dwelling, except to the extent specifically required by City Code Article 13, Subtitle 2B {“Inclusionary Housing Requir...

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