Md. Code Ann., Tax-Prop. § 14-902
Tax abatement for qualified brownfields sites
Effective Jul 1, 2015Added by Acts 1997, c. 1, § 1, eff. Feb. 25, 1997; Acts 1997, c. 2, § 1, eff. Feb. 25, 1997. Amended by Acts 2000, c. 61, § 6, eff. April, 25, 2000; Acts 2001, c. 29, § 1, eff. April 10, 2001; Acts 2001, c. 608, § 1, eff. July 1, 2001; Acts 2008, c. 307, § 1, eff. Oct. 1, 2008; Acts 2015, c. 22, § 5.State of Maryland
(a)
- (1) In this section the following words have the meanings indicated.
- (2) “Qualified brownfields site” has the meaning stated in § 5-301 of the Economic Development Article.
- (3) “Tax” has the meaning stated in § 14-801(d) of this title.
- (b) The governing body of a county or municipal corporation may grant, by law, a tax abatement against the overdue county or municipal corporation property taxes imposed on real property that is designated as a qualified brownfields site.
Added by Acts 1997, c. 1, § 1, eff. Feb. 25, 1997; Acts 1997, c. 2, § 1, eff. Feb. 25, 1997. Amended by Acts 2000, c. 61, § 6, eff. April, 25, 2000; Acts 2001, c. 29, § 1, eff. April 10, 2001; Acts 2001, c. 608, § 1, eff. July 1, 2001; Acts 2008, c. 307, § 1, eff. Oct. 1, 2008; Acts 2015, c. 22, § 5.