§ 20.207. Personal property tax; exemption for personal property of business located in a historic district.

(a)

Authority. This act is authorized under section 7-521 of the Tax-Property Article, Annotated Code of Maryland, which authorizes a County to grant an exemption from the County personal property tax imposed on certain businesses located in local historic districts or a National Register District.

(b)

Definitions. The following terms have the meanings indicated:

(1)

Local historic district means a district that the governing body of Howard County has designated under local law.

(c)

Exemption from property tax: All machinery, equipment, materials, and supplies that is owned or leased by a business entity is subject to an exemption from the County's personal property tax if the business entity is located in a local historic district or National Register District.

(d)

Administration. Applications for the exemption shall be filed with the State Department of Assessments and Taxation, under regulations adopted by that department.

(C.B. 70, 2017, § 1)