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 Costello, President Mosby
A Bill Entitled
An Ordinance concerning
title
Residential Retention Tax Credit - Amendment
For the purpose of amending application requirements for the portable homestead tax credit; terminating the sunset of the credit; and generally relating to the portable homestead property tax credit.
body
By repealing and re-ordaining, with amendments
Article 28 - Taxes
Sections 10-1.1(c), 10-1.1(k)
Baltimore City Code
(Edition 2000)
By repealing
Article 28 - Taxes
Section 10-1.1(l)
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
§ 10-1.1 Portable homestead.
(c) Qualifications.
To qualify for the credit authorized by this section, the homeowner must:
(1) for the 5 tax years preceding the purchase of the new dwelling in Baltimore City:
(i) have owned and occupied, as his or her principal residence, a dwelling in the City; and
(ii) received a credit under State Tax-Property Article, § 9-105 {“Homestead tax credit”} for that dwelling;
(2) occupy the newly purchased dwelling as his or her principal residence;
(3) submit an application to the Finance Director in the form and containing the information that the ...
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