<?xml version='1.0' encoding='utf-8'?>
<section article="gtp" article_name="Tax - Property" number="9-111" title_number="9" title_name="Property Tax Credits and Property Tax Relief" subtitle_number="1" subtitle_name="Statewide Mandatory">
  <level label="a">
    <level label="1">
      <text>In this section the following words have the meanings indicated.</text>
    </level>
    <level label="2">
      <text>“Brownfield” has the meaning stated in § 7–237 of this article.</text>
    </level>
    <level label="3">
      <text>“Qualified property” means a brownfield, landfill, or clean fill on which a community solar energy generating system, as defined under § 7–306.2 of the Public Utilities Article, is installed.</text>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>The Mayor and City Council of Baltimore City and the governing body of each county and of each municipal corporation shall grant a property tax credit under this section against the county or municipal corporation property tax imposed on a qualified property.</text>
    </level>
    <level label="2">
      <text>In addition to the property tax credit provided under paragraph (1) of this subsection, there is a credit against the State property tax that is imposed on qualified property.</text>
    </level>
  </level>
  <level label="c">
    <text>The amount of the property tax credit allowed under this section shall equal 50% of the State, county, or municipal corporation property tax that is imposed on the eligible assessment of qualified property.</text>
  </level>
  <level label="d">
    <text>The property tax credit under this section may be granted only through the life cycle of a community solar energy generating system if the system installed on the qualified property:</text>
    <level label="1">
      <text>is placed in service after June 30, 2022; and</text>
    </level>
    <level label="2">
      <text>has been approved by the Public Service Commission under § 7–306.2 of the Public Utilities Article on or before December 31, 2025.</text>
    </level>
  </level>
  <level label="e">
    <text>On or before June 15 each year, the Department shall submit to the Public Service Commission a list that includes:</text>
    <level label="1">
      <text>the location of each qualified property;</text>
    </level>
    <level label="2">
      <text>the amount of the base year value for each qualified property; and</text>
    </level>
    <level label="3">
      <text>the amount of the property tax assessed against each qualified property.</text>
    </level>
  </level>
</section>
