Maryland § 9-268
Full text of Maryland Maryland Code § 9-268, with citation guidance and answers to common questions.
§ 9-268.
(a) The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may grant, by law, a property tax credit against the county or municipal corporation property tax imposed on real property that is used for a hotel or residential development project that is newly constructed or involves substantial rehabilitation or revitalization of existing structures.
(b) To qualify for the credit under this section, a hotel shall substantially increase the assessed value of the property.
(c) To qualify for the credit under this section, a residential development project shall:
(1) include at least 20 residential units; and
(2) have at least 15% of all residential units within the development that are affordable to households earning less than 80% of the area median income.
(d) The Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation may provide, by law, for:
(1) the amount and duration of the tax credit under this section;
(2) eligibility requirements for the tax credit;
(3) application procedures for the tax credit; and
(4) any other provision necessary to carry out this section.
Frequently Asked Questions About Maryland § 9-268
What does Maryland Code § 9-268 cover?
Section 9-268 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 9-268?
A common citation format is "Maryland Code § 9-268" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 9-268 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.