Md. Code Ann., Tax-Gen. § 10-753
Tax credit for construction costs and rehabilitation costs for catalytic revitalization projects
Effective Jul 1, 2024Added by Acts 2021, c. 332, § 1, eff. July 1, 2021. Amended by Acts 2024, c. 723, § 1, eff. July 1, 2024; Acts 2024, c. 724, § 1, eff. July 1, 2024.State of Maryland
- (a) In this section, “nonprofit organization” has the meaning stated in § 1-101 of the Housing and Community Development Article.
- (b) An individual, a nonprofit organization, or a business entity may claim a credit against the State income tax in accordance with Title 6, Subtitle 9 of the Housing and Community Development Article for new construction costs and rehabilitation costs for catalytic revitalization projects.
Added by Acts 2021, c. 332, § 1, eff. July 1, 2021. Amended by Acts 2024, c. 723, § 1, eff. July 1, 2024; Acts 2024, c. 724, § 1, eff. July 1, 2024.