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<baltimore-city-law heading="Regulation .03 Description of the Tax Credit.">
  <section prefix="Regulation" num=".03" heading="Description of the Tax Credit.">
    <para num="A.">In General.
In accordance with &lt;cite data-doc="City of Baltimore, Md., Code" data-path="|28|§10-31"&gt;City Code Article 28, § 10-31&lt;/cite&gt;, the Department shall grant the tax credit against the City property tax imposed on a dwelling to which a solar energy device or geothermal energy device is:<para num="(1)">Installed; and</para>
      <para num="(2)">In use.</para>
    </para>
    <para num="B.">Amount.<para num="(1)">The Department shall ensure the amount of the tax credit is the lesser of:<para num="(a)">Fifty percent of an eligible cost up to a maximum of $5,000; or</para>
        <para num="(b)">Fifty percent of an eligible cost up to a maximum of $1,500, if the energy conservation device is installed exclusively to provide hot water for use in the dwelling.</para>
      </para>
      <para num="(2)">The Department shall ensure the amount of the tax credit applied in a tax year does not exceed the property tax imposed on the dwelling in that tax year.</para>
    </para>
    <annotation type="History" />
  </section>
</baltimore-city-law>
