<?xml version='1.0' encoding='utf-8'?>
<baltimore-city-law heading="§ 10-20 City Supplement to Homeowners’ Tax Credit Program.">
  <section prefix="§" num="10-20" heading="City Supplement to Homeowners’ Tax Credit Program.">
    <para num="(a)" heading="Definitions.">
      <para num="(1)" heading="In general.">In this section, the following terms have the meanings indicated.</para>
      <para num="(2)" heading="Combined income.">“Combined income” has the meaning stated in &lt;cite data-doc="Md. Code" data-path="gtp|9-104"&gt;State Tax-Property Article § 9-104(a)(3)&lt;/cite&gt;.</para>
      <para num="(3)" heading="Dwelling.">“Dwelling” has the meaning stated in &lt;cite data-doc="Md. Code" data-path="gtp|9-104"&gt;State Tax-Property Article § 9-104(a)(6)&lt;/cite&gt;.</para>
      <para num="(4)" heading="Homeowner.">“Homeowner” has the meaning stated in &lt;cite data-doc="Md. Code" data-path="gtp|9-104"&gt;State Tax-Property Article § 9-104(a)(9)&lt;/cite&gt;.</para>
      <para num="(5)" heading="State Homeowners’ Tax Credit Program.">“State Homeowners’ Tax Credit Program” means the Homeowners’ Property Tax Credit Program established by &lt;cite data-doc="Md. Code" data-path="gtp|9-104"&gt;State Tax-Property Article § 9-104&lt;/cite&gt;.</para>
      <para num="(6)" heading="Total real property tax.">“Total real property tax” has the meaning stated in &lt;cite data-doc="Md. Code" data-path="gtp|9-104"&gt;State Tax-Property Article § 9-104(a)(13)&lt;/cite&gt;.</para>
    </para>
    <para num="(b)" heading="Supplement granted.">In accordance with &lt;cite data-doc="Md. Code" data-path="gtp|9-215"&gt;State Tax-Property Article § 9-215, &lt;/cite&gt;a City supplement to the State Homeowners’ Tax Credit Program is granted for eligible dwellings.</para>
    <para num="(c)" heading="Eligibility requirements.">A dwelling is eligible for the City supplemental tax credit if:<para num="(1)">the dwelling is eligible for participation in the State Homeowners’ Tax Credit Program; and</para>
      <para num="(2)">as of the end of the calendar year immediately preceding the taxable year for which the supplemental credit is sought, the dwelling’s homeowner:<para num="(i)">is at least 62 years old;</para>
        <para num="(ii)">has resided in the dwelling for at least 10 years; and</para>
        <para num="(iii)">has a combined income of less than $40,000.</para>
      </para>
    </para>
    <para num="(d)" heading="Amount of supplemental credit.">The City supplemental tax credit for an eligible dwelling is the total real property tax on the dwelling, less:<para num="(1)">the property tax credit granted for the dwelling under &lt;cite data-doc="Md. Code" data-path="gtp|9-104"&gt;State Tax-Property Article § 9-104&lt;/cite&gt;; and</para>
      <para num="(2)">the aggregate of the following percentages of the homeowner’s combined income:<para num="(i)">0% of the 1&lt;sup&gt;st&lt;/sup&gt; $12,000 of combined income;</para>
        <para num="(ii)">3% of the next $4,000 of combined income;</para>
        <para num="(iii)">7% of the next $4,000 of combined income; and</para>
        <para num="(iv)">9% of combined income over $20,000.</para>
      </para>
    </para>
    <annotation type="History">Ord. 16-497</annotation>
  </section>
</baltimore-city-law>
