Md. Code Ann., Tax-Prop. § 9-227
Computer software
Effective Apr 8, 1997Added by Acts 1996, c. 155, § 1, eff. June 1, 1996; Acts 1996, c. 156, § 1, eff. June 1, 1996. Amended by Acts 1997, c. 14, § 1, eff. April 8, 1997.State of Maryland
(a)
- (1) Except as provided in paragraph (2) of this subsection, the governing body of a county or municipal corporation may grant, by law, a property tax credit for up to 100% of the county or municipal property tax imposed on business personal property that is computer software.
- (2) A credit against the county or municipal property tax may not be granted for personal property already exempt from taxation under § 7-238(b) of this article.
- (b) The governing body of a county or municipal corporation may adopt procedures to determine the amount and the conditions of eligibility and method of application of the property tax credit.
Added by Acts 1996, c. 155, § 1, eff. June 1, 1996; Acts 1996, c. 156, § 1, eff. June 1, 1996. Amended by Acts 1997, c. 14, § 1, eff. April 8, 1997.