Bill No.
48-16
Concerning: Taxation - Credit to Offset
Certain Income Tax Revenues ­
Amendments
Revised: October
24,2016
Draft No.
1...­
Introduced:
December
6, 2016
Enacted:
February 7,
2017
Executive:
February
16. 2017
Effective:
May
18. 2017
Sunset Date: --:.:.No""n""'e'--_ _ _ __
Ch.
_2_.
Laws of Mont. Co.
2017
COUNTY COUNCIL
FOR MONTGOMERY COUNTY, MARYLAND
Lead Sponsor: Government Operations and Fiscal Policy Committee
Co-Sponsor: Councilmember Rice
AN
ACT to:
(1)
(2)
clarify the eligibility for the credit to offset income
tax
revenues; and
generally amend the law governing the credit to offset income
tax
revenues.
By amending
Montgomery County Code
Chapter 52, Taxation
Section 52-86
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Heading or defined term.
Addedto existing law by original bill.
Deletedfrom existing law by original bill.
Added by amendment.
Deletedfrom existing law or the bill by amendment.
Existing law unaffected by bill.
The County Council for Montgomery County, Maryland approves the following Act;
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BILL
No.
48-16
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Sec.!. Section 52-86 is amended as follows:
52-86. Credit to offset certain income tax revenues.
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The Director of Finance must allow [each eligible taxpayer] a credit
against County real property taxes due in each tax year [in which the
taxpayer is eligible for the credit] for each property that is an owner-
occupied dwelling ofa homeowner as defined in Md. Tax-Property Code
§9-105(a), as amended.
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(b) The Director must not grant the credit if the Director fmds that the
property is not an owner-occupied property ofa homeowner.
[An
eligible
taxpayer is any homeowner who qualifies for a homestead property tax
credit under Maryland Code, Tax-Property Article, Section 9-105, or any
successor provision. ]
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BILL No. 48-16
Approved:
Roger
~-Ill"on,
President, County Council
Date
Approved:
Linda M. Lauer, Clerk ofthe Council
Date
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