Section 9-224 - Sediment control ponds or stormwater management structures. - Maryland Statutes

§ 9-224. Sediment control ponds or stormwater management structures.
 

(a)  Property tax credit.- The Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation may grant, by law, a tax credit against the county or municipal corporation property tax imposed on real property on which there is located a sediment control pond or stormwater management structure that has been: 

(1) required by law to be built and maintained on the property; and 

(2) built and maintained in compliance with the applicable law. 

(b)  Amount; duration; implementation.- A county or municipal corporation may provide, by law, for: 

(1) the amount of a property tax credit under this section; 

(2) the duration of a property tax credit under this section; 

(3) subject to subsection (a) of this section, the definition of a sediment control pond or stormwater management structure qualifying for the credit; and 

(4) any other provision necessary to carry out this section. 
 

[1994, ch. 182.]