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

MD Tax-Prop Code § 9-224 (2019) (N/A)
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(a)    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)    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.