Legislation Details

Reference No. CB-018-2014    Draft No.
Type: Council Bill Status: Enacted
Meeting Body County Council
Meeting Date 11/12/2014
Introduced Date 10/14/2014 Public Hearing Date
Effective date: 1/9/2015    
Title: AN ACT CONCERNING GROCERY STORE TAX CREDIT for the purpose of establishing a tax credit for real property that is used for a grocery store located in an economically disadvantaged or underserved area.
Proposers/Sponsors: Mel Franklin, Will Campos, Derrick Leon Davis, Obie Patterson, Karen R. Toles, Ingrid M. Turner
Code sections: 10-310 - , 10-311 -
Attachments: 1. B2014018.pdf, 2. CB-018-2014 AIS, 3. CB-18-2014 Report.pdf
Contact: Office of Council Member Franklin
Title
AN ACT CONCERNING GROCERY STORE TAX CREDIT for the purpose of establishing a tax credit for real property that is used for a grocery store located in an economically disadvantaged or underserved area.
 
Background
Chapter 724 of the Laws of Maryland (2010) allows the governing body of a county to grant a tax credit against the county property tax imposed on real property that is used for a grocery store located in a low-income area.  The proposed legislation establishes a tax credit in the County for real property that is used for a grocery store located in an economically disadvantaged or underserved area.