1. (a) In this section, “qualifying tourism enterprise” and “tourism zone” have the meanings stated in § 18-401 of the Local Government Article.

2. (b) The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may grant, by law, a property tax credit against the county or municipal corporation property tax imposed on a building that:

   1. (1) is located in a tourism zone; and
   2. (2) is owned by a qualifying tourism enterprise.

3. (c) The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may provide, by law, for:

   1. (1) the amount and duration of the tax credit under this section;
   2. (2) additional eligibility criteria for the tax credit under this section;
   3. (3) regulations and procedures for the application and uniform processing of requests for the tax credit; and
   4. (4) any other provision necessary to carry out the tax credit under this section.

Added by Acts 2024, c. 239, § 2, eff. June 1, 2024; Acts 2024, c. 240, § 2, eff. June 1, 2024.