§ 9-252. Habitat for Humanity property.

   (a) In general. -- 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 under this section against the county or municipal corporation property tax that is imposed on real property that is:

   (1) owned by Habitat for Humanity with the intention of relinquishing ownership in the near future;

   (2) used for the purposes of development, rehabilitation, and transfer to a private owner; and

   (3) not occupied by administrative or warehouse buildings owned by Habitat for Humanity.

(b) Annual reports. -- If the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation grants a property tax credit under this section, Habitat for Humanity shall submit an annual written report to the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation granting the tax credit documenting:

   (1) all of Habitat for Humanity's real property holdings in the jurisdiction granting the tax credit; and

   (2) all transactions involving Habitat for Humanity's real property holdings in the jurisdiction granting the tax credit.

(c) Powers of governing body. -- The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may, by law:

   (1) set the amount, terms, scope, and duration of a credit granted under subsection (a) of this section; and

   (2) adopt any other provision necessary to administer a credit granted under subsection (a) of this section.

HISTORY: 2010, chs. 328, 329; 2011, ch. 130.