Title:
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An Act granting a tax credit against property taxes imposed on nonprofit swim clubs that use their facilities exclusively to provide a recreational outlet for a local community.
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Title
An Act granting a tax credit against property taxes imposed on nonprofit swim clubs that use their facilities exclusively to provide a recreational outlet for a local community.
Background
Section 9-244, Tax-Property Article permits the County to provide a tax credit to nonprofit swim clubs. The proposed legislation would authorize such a tax credit under certain circumstances. The proposed credit is only available against property taxes imposed on nonprofit swim clubs that use their facilities exclusively to provide a recreational outlet for a local community.