[Adopted 12-19-1990]
Pursuant to § 9-105(e) of the Tax-Property Article of the Annotated Code of Maryland, the homestead property tax credit percentage for the City of New Carrollton, effective for the taxable year beginning July 1, 1991, and subsequent tax years, shall be one hundred ten percent (110%).
The homestead property tax credit program shall be implemented and administered in accordance with the provisions of state law and regulations established by the State Department of Assessments and Taxation.