§ 9–234
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Prop. § 9-234 (2026)
Title 9. Property Tax Credits and Property Tax Relief
Subtitle 2. Statewide Optional
§ 9–234LinkCopy Citation
(a)
The governing body of a county or municipal corporation may grant, by law, a property tax credit under this section against the county or municipal corporation property tax imposed on real property containing a vacant or underutilized commercial building that:
(1)
was built primarily for office, industrial, or other commercial purposes;
(2)
was last used for office, industrial, or other commercial purposes; and
(3)
is renovated for use primarily as housing.
(b)
The governing body of a county or municipal corporation may establish conditions for the granting of a property tax credit under paragraph (1) of this subsection, including:
(1)
eligibility criteria;
(2)
application procedures; and
(3)
provisions for a payment in lieu of taxes to the county or municipal corporation by the recipient of the tax credit.