Title
AN ACT CONCERNING URBAN AGRICULTURAL PROPERTY TAX CREDIT for the purpose of establishing a tax credit for real property that is used for urban agricultural purposes.
Background
Chapter 721 of the Laws of Maryland (2010) and subsequently amended in Chapter 660 (2013) and Chapter 390 (2014), authorized the governing body of a county to grant a tax credit against the county property tax imposed on urban agricultural property. Pursuant to Section 9-253 of the Tax-Property Article of the Annotated Code of Maryland, the proposed legislation establishes a property tax credit for real property used for urban agricultural purposes and provides for the amount, duration and eligibility criteria for the tax credit.