{"data":{"id":"us-md/md.-code-local-government-1-1105","jurisdiction":"us-md","citation":"Md. Code, Local Government § 1–1105","heading":"","body":"(a) Subject to subsection (c) of this section, a program shall require a\nproperty owner to repay a loan provided under the program through a surcharge on\nthe owner’s property tax bill.\n(b) Except for a surcharge authorized under subsection (c) of this section, a\ncounty or municipality may not set a surcharge greater than an amount that allows\nthe county or municipality to recover the costs associated with:\n(1) issuing bonds to finance the loan; and\n(2) administering the program.\n(c) With the express consent of any holder of a mortgage or deed of trust on\na commercial property that is to be financed through a loan to the commercial\nproperty owner under the program:\n(1) a county or municipality may collect loan payments owed to a\nprivate lender or to the county or the municipality for a loan to a commercial property\nowner, and costs associated with administering the program, through a surcharge on\nthe property owner’s property tax bill;\n(2) an unpaid surcharge under this subsection shall be, until paid, a\nlien on the real property on which it is imposed from the date it becomes payable; and\n(3) the provisions of Title 14, Subtitle 8 of the Tax – Property Article\nthat apply to a tax lien shall also apply to a lien created under this subsection.\n(d) A person who acquires property subject to a surcharge under this section\nassumes the obligation to pay the surcharge.","path":["Article - Local Government"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=glg\u0026section=1-1105","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:58Z","sha256":"23d5de75491f4911ad8558d87bc202335ec70af17bc2e98a48896cbc047b8f70","source_id":"us-md","stale":false,"prev":"us-md/md.-code-local-government-1-1104","next":"us-md/md.-code-local-government-1-1106"},"notice":"GroundRules: Original legal text. Not legal advice."}