[Adopted 12-20-1990 by Res. No. R-11-90]
Pursuant to § 9-105(e) of the Tax-Property Article of the Annotated Code of Maryland, the homestead credit percentage for the Town of Chesapeake Beach, effective for the taxable year beginning July 1, 1991, and subsequent tax years, shall be 110%.
The Town of Chesapeake Beach reserves the right to change the homestead credit percentage for the Town of Chesapeake Beach by means of a resolution, for all tax years subsequent to the tax year beginning on July 1, 1991.