In this section the following words have the meanings indicated. “Dwelling” has the meaning stated in § 9–105 of this title. “Eligible individual” means: an individual who is at least 65 years old; an individual who is at least 65 years old and is a retired service member; a surviving spouse, who is at least 65 years old and has not remarried, of a retired service member; an individual who: is an active duty, retired, or honorably discharged service member; and has a service–connected disability as defined in a local law enacted under this section; or a surviving spouse of an individual described under item (iv) of this paragraph who has not remarried. The Mayor and City Council of Baltimore City or 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 the dwelling of an eligible individual. The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may provide, by law, for: the amount and duration of the property tax credit under this section; the maximum assessed value of a dwelling that is eligible for the tax credit under this section; the minimum number of years, not to exceed 40 years, that an eligible individual not described under subsection (a)(3)(ii), (iii), or (iv) of this section must have resided in the same dwelling; criteria that define a service–connected disability of an eligible individual described under subsection (a)(3)(iv) of this section; additional eligibility criteria for the tax credit under this section; regulations and procedures for the application and uniform processing of requests for the tax credit; and any other provision necessary to carry out the tax credit under this section.