Md. Code, Tax-Prop. § 9-270

Current with changes from the 2024 Legislative Session
Section 9-270 - Personal property of a qualifying tourism enterprise
(a) In this section, "qualifying tourism enterprise" and "tourism zone" have the meanings stated in § 18-401 of the Local Government Article.
(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 personal property of a qualifying tourism enterprise that is located within a tourism zone.
(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) the amount and duration of the tax credit under this section;
(2) additional eligibility criteria for the tax credit under this section;
(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.

Md. Code, TP § 9-270

Added by 2024 Md. Laws, Ch. 240,Sec. 2, eff. 6/1/2024.
Added by 2024 Md. Laws, Ch. 239,Sec. 2, eff. 6/1/2024.