Pursuant to Section 812(d) of the Charter the homestead property tax credit percentage shall be no greater than one hundred percent (100%) plus the percentage of the increase in the Consumer Price Index for the most recent twelve (12) months, rounded to the nearest whole number, but not more than one hundred five percent (105%). Pursuant to Section 9-105(e) of the Tax-Property Article of the Annotated Code of Maryland, the homestead property tax credit percentage for Prince George's County shall be: One hundred ten percent (110%) for the taxable year beginning July 1, 1991; One hundred five percent (105%) for the taxable year beginning July 1, 1993; One hundred three percent (103%) for the taxable year beginning July 1, 1994; One hundred two percent (102%) for the taxable year beginning July 1, 1999; One hundred four percent (104%) for the taxable year beginning July 1, 2001; One hundred three percent (103%) for the taxable year beginning July 1, 2002; One hundred one percent (101%) for the taxable year beginning July 1, 2003; One hundred two percent (102%) for the taxable year beginning July 1, 2004; One hundred three percent (103%) for the taxable year beginning July 1, 2005, and subsequent years; One hundred four percent (104%) for the taxable year beginning July 1, 2007; One hundred three percent (103%) for the taxable year beginning July 1, 2008; One hundred five percent (105%) for the taxable year beginning July 1, 2009; One hundred percent (100%) for the taxable year beginning July 1, 2010; One hundred one percent (101%) for the taxable year beginning July 1, 2011; One hundred four percent (104%) for the taxable year beginning July 1, 2012; One hundred two percent (102%) for the taxable year beginning July 1, 2013; One hundred two percent (102%) for the taxable year beginning July 1, 2014; One hundred two percent (102%) for the taxable year beginning July 1, 2015; One hundred percent (100%) for the taxable year beginning July 1, 2016; One hundred one percent (101%) for the taxable year beginning July 1, 2017; One hundred two percent (102%) for the taxable year beginning July 1, 2018; One hundred three percent (103%) for the taxable year beginning July 1, 2019; One hundred two percent (102%) for the taxable year beginning July 1, 2020; One hundred one percent (101%) for the taxable year beginning July 1, 2021; One hundred five percent (105%) for the taxable year beginning July 1, 2022; One hundred five percent (105%)for the taxable year beginning July 1, 2023; One hundred three percent (103%) for the taxable year beginning July 1, 2024; and One hundred three percent (103%) for the taxable year beginning July 1, 2025; and One hundred three percent (103%) for the taxable year beginning July 1, 2026. The homestead property tax credit program shall be implemented and administered by the Director of Finance in accordance with the provisions of State law and rules and regulations established by the State Department of Assessments and Taxation.