Md. Code, Tax - Property § 9-234

in effect

(a) 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 imposed on real property containing a vacant or underutilized commercial building that: (1) was built primarily for office, industrial, or other commercial purposes; (2) was last used for office, industrial, or other commercial purposes; and (3) is renovated for use primarily as housing. (b) The governing body of a county or municipal corporation may establish conditions for the granting of a property tax credit under paragraph (1) of this subsection, including: (1) eligibility criteria; (2) application procedures; and (3) provisions for a payment in lieu of taxes to the county or municipal corporation by the recipient of the tax credit.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtp&section=9-234&enactments=falseFetched: 10/17/2026