Md. Code Ann., Tax-Prop. § 9-257 — § 9-257

(a) The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may grant, by law, a property tax credit for up to 50% of the county or municipal corporation property tax imposed on personal property that is:
(1) not operating property of a railroad or public utility; and
(2) owned or leased by a business entity that:
(i) has been in operation for no more than 2 years; or
(ii) has no more than 15 employees.
(b) The Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation may provide, by law, for:
(1) the amount and duration of the tax credit under this section;
(2) additional eligibility criteria for the tax credit under this section;
(3) regulations and procedures for the application and uniform processing of requests for the tax credit; and
(4) any other provision necessary to carry out the tax credit under this section.