In this section the following words have the meanings indicated. “Qualified brownfields site” has the meaning stated in § 5–301 of the Economic Development Article. “Tax” has the meaning stated in § 14–801(d) of this title. The governing body of a county or municipal corporation may grant, by law, a tax abatement against the overdue county or municipal corporation property taxes imposed on real property that is designated as a qualified brownfields site.