§ 9-320. St. Mary's County

   (a) Specific properties. --

   (1) The governing body of St. Mary's County may grant, by law, a property tax credit under this section against county property tax imposed on:

      (i) property that is:

         1. owned by the St. George's Island Improvement Association, Incorporated; and

         2. used only for community or civic purposes;

      (ii) real property that is owned by the Seventh District Optimist Youth Foundation, Inc.;

      (iii) real property, including any improvements, that is subject to a State or a county land preservation program; and

      (iv) real property that:

         1. was formerly used solely as a tobacco barn; and

         2. is subject to a tobacco buyout agreement.

   (2) In authorizing a credit under paragraph (1)(iv) of this subsection, the governing body of the county may provide, by law, for:

      (i) the amount of the credit;

      (ii) the duration of the credit; and

      (iii) any other provision necessary to administer the credit.

(b) Personal property. --

   (1) The governing body of St. Mary's County may grant, by law, a property tax credit against the county property tax imposed on personal property.

   (2) A law adopted under paragraph (1) of this subsection may provide for:

      (i) the amount of a credit;

      (ii) the subclasses of personal property under § 8-101(c) of this article to which the credit applies; and

      (iii) other provisions necessary to administer the credit.

(c) Schools. --

   (1) The governing body of St. Mary's County or of a municipal corporation in St. Mary's County may grant, by law, a property tax credit under this section against the county or municipal corporation property tax imposed on real property that is:

      (i) leased to a nonprofit school; and

      (ii) used exclusively for primary or secondary educational purposes.

   (2) A property tax credit granted under this subsection shall continue as long as the property is in compliance with the terms of this subsection.

HISTORY: An. Code 1957, art. 81, § 9C; 1985, ch. 8, § 2; 1987, ch. 70; 1989, ch. 456; 1997, chs. 479, 684; 2001, ch. 641; 2005, ch. 195; 2006, chs. 38, 336; 2008, ch. 75; 2010, ch. 472.