Section 9-252 - Habitat for Humanity property. - Maryland Statutes

§ 9-252. Habitat for Humanity property.
 

(a)  In general.- 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 that is imposed on real property that is: 

(1) owned by Habitat for Humanity with the intention of relinquishing ownership in the immediate future; 

(2) used exclusively for the purpose of rehabilitation and transfer to a private owner; and 

(3) not occupied by administrative or warehouse buildings owned by Habitat for Humanity. 

(b)  Annual reports.- If the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation grants a property tax credit under this section, Habitat for Humanity shall submit an annual written report to the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation granting the tax credit documenting: 

(1) all of Habitat for Humanity's real property holdings in the jurisdiction granting the tax credit; and 

(2) all transactions involving Habitat for Humanity's real property holdings in the jurisdiction granting the tax credit. 

(c)  Powers of governing body.- The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may, by law: 

(1) set the amount, terms, scope, and duration of a credit granted under subsection (a) of this section; and 

(2) adopt any other provision necessary to administer a credit granted under subsection (a) of this section. 
 

[2010, chs. 328, 329.]