In this Division, the following words have the meanings indicated: Grocery store means an entity: Whose primary business is selling food at retail to the general public for off-premises consumption; and At least 20% of the gross receipts of which are derived from the retail sale of fresh produce, meats, and dairy products. Grocery Store Tax Credit means the tax credit authorized by Section 10-311. Grocery Store Focus Area means an economically disadvantaged or underserved area in Prince George's County. This term shall solely include a Healthy Food Priority Area, as defined in Section 10-235.26 of the Code.

In accordance with the provisions of Section 9-254 of the Tax Property Article of the Annotated Code of Maryland, subject to subsection (c), below, there is a tax credit against the county real property tax on grocery stores, a Grocery Store Tax Credit, in grocery store focus areas as defined in Section 10-310 of this Division. A Grocery Store Tax Credit shall be in an amount equal to 100% of the amount of the property tax imposed on the increased assessment attributable to an expansion or renovation of a grocery store; new construction of a grocery store; or re-use of vacant commercial space for a grocery store. A Grocery Store Tax Credit shall be granted if approved by resolution of the County Council and concurrence of the County Executive. The Council resolution shall establish the duration of the Grocery Store Tax Credit, subject to subsection (d), below. A Grocery Store Tax Credit may not continue for more than 10 years. Notwithstanding any other provision in this Section, a Grocery Store Tax Credit granted under this Section shall immediately expire upon the ceasing of operations of the grocery store for which the Grocery Store Tax Credit was granted, as verified by the Director of Finance.