Authorizing the governing body of St. Mary's County to grant, by law, a property tax credit against the county property tax imposed on commercial real property that is located in an eligible area of the county and that has been improved on or after July 1, 2020; prohibiting the tax credit from exceeding 25% of the county property tax; requiring the governing body of St. Mary's County to define, by law, certain eligibility criteria; applying certain provisions of the Act to all taxable years beginning after June 30, 2020; etc.
Bill File Type: Regular
Effective Date(s): June 1, 2020
( 138-1B., 138-1F. )
Last Updated: 7/6/2020 1:24 PM