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Statutes Text

Article - Tax - Property




§9–258.

    (a)    (1)    In this section the following words have the meanings indicated.

        (2)    “Dwelling” has the meaning stated in § 9–105 of this title.

        (3)    “Eligible individual” means:

            (i)    an individual who is at least 65 years old;

            (ii)    an individual who is at least 65 years old and is a retired member of the uniformed services of the United States as defined in 10 U.S.C. § 101, the military reserves, or the National Guard; or

            (iii)    a surviving spouse, who is at least 65 years old and has not remarried, of a retired member of the uniformed services of the United States as defined in 10 U.S.C. § 101, the military reserves, or the National Guard.

    (b)    The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may grant, by law, a property tax credit under this section against the county or municipal corporation property tax imposed on the dwelling of an eligible individual.

    (c)    The property tax credit allowed under this section may:

        (1)    not exceed 20% of the county or municipal corporation property tax imposed on the property; and

        (2)    be granted for a period of up to 5 years.

    (d)    The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may provide, by law, for:

        (1)    the maximum assessed value of a dwelling that is eligible for the tax credit under this section;

        (2)    the minimum number of years, not to exceed 40 years, that an eligible individual not described under subsection (a)(3)(ii) or (iii) of this section must have resided in the same dwelling;

        (3)    additional eligibility criteria for the tax credit under this section;

        (4)    regulations and procedures for the application and uniform processing of requests for the tax credit; and

        (5)    any other provision necessary to carry out the tax credit under this section.