Property Tax Credit - Retail Service Station Conversions
What this bill does
Authorizing the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation to grant, by law, a credit against the county or municipal corporation property tax on real property if use of the real property has been converted from a retail service station to other certain uses; prohibiting the application of the credit unless the underground storage tanks located on or formerly located on the real property have been permanently closed; and applying the Act to all taxable years after June 30, 2026.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.