(a) (1) In this section the following words have the meanings indicated. (2) "Eligible county" means Allegany County and Garrett County. (3) "Eligible dwelling" means newly constructed residential real property: (i) that has not been previously occupied since its construction; (ii) for which the building permit for construction was issued on or after June 1, 2024; and (iii) occupied by the purchaser of the dwelling as the purchaser's principal residence. (b) The governing body of an eligible county or a municipal corporation located in an eligible county may grant, by law, a property tax credit against the property tax imposed on an eligible dwelling if the eligible dwelling is constructed or equipped with: (1) a sprinkler system installed in accordance with Title 9, Subtitle 2 of the Public Safety Article or local law; (2) an on-site sewage disposal system installed in accordance with Title 9 of the Environment Article or local law; or (3) fixed broadband Internet access service connectivity. (c) The credit allowed under this section: (1) may not exceed $10,000; and (2) may be claimed in the taxable year that the property qualifies for the credit and the 4 taxable years following the taxable year in which the property qualifies for the credit. (d) The governing body of an eligible county or a municipal corporation located in an eligible county that grants a property tax credit under this section may provide, by law, for: (1) subject to the limitation under subsection (c)(1) of this section, the amount of the credit; (2) additional eligibility criteria for the credit; (3) regulations and procedures for the application and uniform processing of requests for the tax credit; and (4) any other provision necessary to carry out the tax credit under this section.
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