[Adopted 3-24-2009 by Ord. No. 09-O-01]
A.
A homeowners' property tax credit shall be allowed
against the City property tax imposed on residential real property
if the owner qualifies for the credit under this section.
B.
The City shall provide to eligible homeowners a property
tax credit as provided in this section to supplement the state homeowners'
property tax credit granted under Section 9-104 of the Tax-Property
Article, Annotated Code of Maryland, as amended or recodified from
time to time.
C.
Except as otherwise expressly stated in this section,
all eligibility requirements, statutory definitions, restrictions,
application or other procedures that apply to said state homeowners'
property tax credit program shall also apply to the City homeowners'
property tax credit provided for in this section.
D.
The amount of the homeowners' property tax credit
for a given year shall be 15% of the amount of the state homeowners'
property tax credit.
E.
Notwithstanding the foregoing, the amount of the local
supplement to the state homeowners' tax credit authorized by this
section shall not exceed the total City real property tax liability
of the eligible homeowner for the taxable year in which the homeowners'
tax credit local supplement is sought.
F.
The City Manager, or his designee, is hereby appointed
to administer and manage the homeowners' property tax credit program.
The City Manager or his designee may take all actions necessary in
furtherance of said responsibility, including, but not limited to:
(1)
Establishing policies and procedures;
(2)
Delegating responsibility to appropriate City departments,
offices and staff;
(3)
Entering into agreements with the State Department
of Assessments and Taxation, Prince George's County, Maryland and
other government entities or other persons or entities for the operation
of one or more aspects of this program.
G.
A person who knowingly submits a false or fraudulent
application, or who withholds information, to obtain tax credit under
this section has committed a misdemeanor. In addition, the person
must repay the City for all amounts credited and all accrued interest
and penalties that would apply to those amounts as overdue taxes.
The City may enforce this section by appropriate legal action. A person
who violates this section is liable for all court costs and expenses
of the City in any civil action brought by the City against the violator.
