§ 9-109

# (a)

The Mayor and the City Council of Baltimore City and the governing body of each county and of each municipal corporation shall grant a property tax credit under this section against the county or municipal corporation property tax imposed on real property if:

# (1)

the homeowner is otherwise eligible for the credit allowed under § 9-105 of this subtitle;

# (2)

(i) the dwelling is:
1. damaged or destroyed due to a natural disaster; and
2. subsequently repaired or reconstructed;

(ii) the dwelling is revalued after the dwelling is repaired or reconstructed; and

(iii) as a result of the revaluation, the assessment of the dwelling exceeds the last assessment of the dwelling; and

# (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.

# (b)

The amount of the property tax credit allowed under this section shall equal 100% of the property tax attributable to an increase in the assessment of the dwelling upon 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 subtitle has been authorized.

# (c)

A credit under this section may not be granted for more than 5 years.

# (d)

The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation shall:

# (1)

establish procedures or requirements for the application, review, and approval of tax credits under this section; and

# (2)

notify the Department of any credits that have been granted under this section.

# (e)

The credit under this section may not be claimed for a dwelling for which repair or reconstruction is completed before September 18, 2003.