{"data":{"id":"us-md/md.-code-tax-property-9-243","jurisdiction":"us-md","citation":"Md. Code, Tax - Property § 9–243","heading":"","body":"(a) Subject to subsection (b) of this section, the Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation may grant a tax credit under this section against the county or municipal corporation property tax imposed on real property if:\n(1) the homeowner is otherwise eligible for the credit allowed under § 9-105 of this title;\n(2) (i) the dwelling is:\n1. damaged or destroyed due to a natural disaster; and\n2. subsequently repaired or reconstructed;\n(ii) the dwelling is revalued after the dwelling is repaired or reconstructed; and\n(iii) as a result of the revaluation, the assessment of the dwelling exceeds the last assessment of the dwelling; and\n(3) the homeowner claiming the credit had a legal interest in the dwelling at the time the dwelling was damaged or destroyed as described under item (2) of this subsection.\n(b) A homeowner may receive a tax credit under this section only if the homeowner qualified and received a tax credit under § 9-109 of this title and is no longer receiving a tax credit under § 9-109 of this title.\n(c) The amount of the property tax credit allowed under this section shall equal 50% of the property tax attributable to an increase in the assessment of the dwelling on revaluation under § 8-104(c)(1)(iii) of this article, including improvements, over the last assessment of the dwelling before the natural disaster, less the amount of any assessment on which a property tax credit under § 9-105 of this title has been authorized.\n(d) A credit under this section may not be granted for more than 3 years.\n(e) The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may:\n(1) establish procedures or requirements for the application, review, and approval of tax credits under this section;\n(2) establish additional eligibility criteria such as age, income level, or assessment value; and\n(3) notify the Department of any credits that have been granted under this section.\n(f) The credit under this section may not be claimed for a dwelling for which repair or reconstruction is completed before September 18, 2003.","path":["Article - Tax - Property"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtp\u0026section=9-243","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:01:27Z","sha256":"e2de4c1a5e989817ced7e2ee31051b7f975e12eab15aa2ecbace6cc7d90490af","source_id":"us-md","stale":false,"prev":"us-md/md.-code-tax-property-9-242","next":"us-md/md.-code-tax-property-9-244"},"notice":"GroundRules: Original legal text. Not legal advice."}