Baltimore City Council
File #: 24-0545    Version: 0 Name: Tax Credits - Historic Properties - Application Extension
Type: Ordinance Status: 2nd Reading
File created: 6/10/2024 In control: Ways and Means
On agenda: Final action:
Enactment #:
Title: Tax Credits - Historic Properties - Application Extension For the purpose of extending the period within which applications may be accepted for the historic improvement tax credit and providing for a special effective date.
Sponsors: John T. Bullock, Eric T. Costello
Indexes: Application, Extension, Historic Property, Tax Credits
Attachments: 1. 24-0545~1st Reader, 2. LAW 24-0545, 3. DOP 24-0545, 4. DHCD 24-0545, 5. Finance 24-0545, 6. Final Synopsis 24-0545, 7. XX Final Hearing Notes 24-0545, 8. Attendance Sheet 24-0545

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: Councilmembers Bullock, Costello

                                                                                                                                                           

 

                     A Bill Entitled

 

An Ordinance concerning

title

Tax Credits - Historic Properties - Application Extension

For the purpose of extending the period within which applications may be accepted for the historic improvement tax credit and providing for a special effective date.

body

 

By repealing and re-ordaining, with amendments

Article 28 - Taxes

Section 10-8(m)

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

 

§ 10-8.  Historic improvements, restorations, and rehabilitations.

 

(m) Termination of program.

 

Applications for a credit under this section may not be accepted after [August 28, 2024] December 31, 2027.

 

Section 2.  And be it further ordained, That this Ordinance takes effect on the date it is enacted.