MD
Maryland House Bill HB680

Maryland 2022 Regular Session

Maryland House Bill HB680 Compare Versions

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1- LAWRENCE J. HOGAN, JR., Governor Ch. 338
21
3-– 1 –
4-Chapter 338
5-(House Bill 680)
62
7-AN ACT concerning
3+EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
4+ [Brackets] indicate matter deleted from existing law.
5+ Underlining indicates amendments to bill.
6+ Strike out indicates matter stricken from the bill by amendment or deleted from the law by
7+amendment.
8+ *hb0680*
89
9-Baltimore County – Property Tax Credit – Supermarkets
10+HOUSE BILL 680
11+Q2 2lr1747
1012
11-FOR the purpose of authorizing the governing body of Baltimore County to grant, by law,
12-a property tax credit against the personal property tax imposed on personal property
13-of a supermarket that completes certain construction and is located in a certain food
14-desert retail incentive area; requiring the governing body of Baltimore County to
15-designate what constitutes a food desert retail incentive area for purposes of the tax
16-credit; and generally relating to a personal property tax credit for supermarkets in
17-Baltimore County.
13+By: Delegates Brooks, Cardin, Ebersole, Feldmark, Forbes, Guyton, Hill, Jackson,
14+Szeliga, and P. Young Baltimore County Delegation
15+Introduced and read first time: January 31, 2022
16+Assigned to: Ways and Means
17+Committee Report: Favorable with amendments
18+House action: Adopted
19+Read second time: March 7, 2022
1820
19-BY adding to
20- Article – Tax – Property
21-Section 9–305(h)
22- Annotated Code of Maryland
23- (2019 Replacement Volume and 2021 Supplement)
21+CHAPTER ______
2422
25- SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND,
26-That the Laws of Maryland read as follows:
23+AN ACT concerning 1
2724
28-Article – Tax – Property
25+Baltimore County – Property Tax Credit – Supermarkets 2
2926
30-9–305.
27+FOR the purpose of authorizing the governing body of Baltimore County to grant, by law, 3
28+a property tax credit against the personal property tax imposed on personal property 4
29+of a supermarket that completes certain construction and is located in a certain food 5
30+desert retail incentive area; requiring the governing body of Baltimore County to 6
31+designate what constitutes a food desert retail incentive area for purposes of the tax 7
32+credit; and generally relating to a personal property tax credit for supermarkets in 8
33+Baltimore County. 9
3134
32- (H) (1) (I) IN THIS SUBSECTION THE FOLLO WING WORDS HAVE THE
33-MEANINGS INDICATED .
35+BY adding to 10
36+ Article – Tax – Property 11
37+Section 9–305(h) 12
38+ Annotated Code of Maryland 13
39+ (2019 Replacement Volume and 2021 Supplement) 14
3440
35- (II) “ELIGIBLE CONSTRUCTION ” MEANS CONSTRUCTION O F A
36-NEW SUPERMARKET OR A NY SUBSTANTIAL RENOV ATION OF AN EXISTING
37-SUPERMARKET .
41+ SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 15
42+That the Laws of Maryland read as follows: 16
3843
39- (III) “SUPERMARKET ” MEANS A GROCERY STOR E THAT HAS:
44+Article – Tax – Property 17
4045
41- 1. ALL MAJOR FOOD DEPAR TMENTS, INCLUDING
42-PRODUCE, MEAT, SEAFOOD, DAIRY, AND CANNED AND PACKA GED GOODS;
46+9–305. 18
47+ 2 HOUSE BILL 680
4348
44- 2. MORE THAN 50% OF TOTAL SALES DERIV ED FROM
45-FOOD SALES; AND
4649
47- 3. MORE THAN 50% OF TOTAL FLOOR SPACE DEDICATED
48-TO FOOD SALES. Ch. 338 2022 LAWS OF MARYLAND
50+ (H) (1) (I) IN THIS SUBSECTION TH E FOLLOWING WORDS HA VE THE 1
51+MEANINGS INDICATED . 2
4952
50-– 2 –
53+ (II) “ELIGIBLE CONSTRUCTION ” MEANS CONSTRUCTION O F A 3
54+NEW SUPERMARKET OR A NY SUBSTANTIAL RENOV ATION OF AN EXISTING 4
55+SUPERMARKET . 5
5156
52- (2) THE GOVERNIN G BODY OF BALTIMORE COUNTY MAY GRANT , BY
53-LAW, A PROPERTY TAX CREDI T UNDER THIS SUBSECT ION AGAINST THE COUN TY
54-PERSONAL PROPERTY TA X IMPOSED ON PERSONA L PROPERTY THAT IS O WNED BY A
55-SUPERMARKET THAT :
57+ (III) “SUPERMARKET ” MEANS A GROCERY STOR E THAT HAS: 6
5658
57- (I) COMPLETES ELIGIBLE C ONSTRUCTION ; AND
59+ 1. ALL MAJOR FOOD DEPAR TMENTS, INCLUDING 7
60+PRODUCE, MEAT, SEAFOOD, DAIRY, AND CANNED AND PACKA GED GOODS; 8
5861
59- (II) IS LOCATED IN A FOOD DESERT RETAIL INCENT IVE AREA.
62+ 2. MORE THAN 50% OF TOTAL SALES DERIV ED FROM 9
63+FOOD SALES; AND 10
6064
61- (3) THE GOVERNING BODY OF BALTIMORE COUNTY SHALL , BY LAW,
62-DESIGNATE WHAT CONST ITUTES A FOOD DESERT RETAIL INCENTIVE ARE A FOR
63-PURPOSES OF THE TAX CREDIT UNDER THIS SU BSECTION.
65+ 3. MORE THAN 50% OF TOTAL FLOOR SPACE DEDICATED 11
66+TO FOOD SALES. 12
6467
65- (4) A PROPERTY TAX CRE DIT GRANTED UNDER TH IS SUBSECTION
66-FOR A TAXABLE YEAR M AY NOT EXCEED THE AM OUNT OF PROPERTY TAX IMPOSED
67-ON THE PERSONAL PROP ERTY OF A SUPERMARKE T IN THAT YEAR.
68+ (2) THE GOVERNING BODY OF BALTIMORE COUNTY MAY GRANT , BY 13
69+LAW, A PROPERTY TAX CREDI T UNDER THIS SUBSECTION AGAINST THE COUNTY 14
70+PERSONAL PROPERTY TA X IMPOSED ON PERSONA L PROPERTY THAT IS O WNED BY A 15
71+SUPERMARKET THAT : 16
6872
69- (5) THE GOVERNING BODY OF BALTIMORE COUNTY MAY ESTABLISH ,
70-BY LAW:
73+ (I) COMPLETES ELIGIBLE C ONSTRUCTION ; AND 17
7174
72- (I) LIMITS ON THE CUMUL ATIVE AMOUNT OF PROP ERTY TAX
73-CREDITS GRANTED UNDE R THIS SUBSECTION ;
75+ (II) IS LOCATED IN A FOOD DESERT RETAIL INCENT IVE AREA. 18
7476
75- (II) ADDITIONAL LIMITATIO NS ON THE AMOUNT OF THE CREDIT;
77+ (3) THE GOVERNING BODY OF BALTIMORE COUNTY SHALL , BY LAW, 19
78+DESIGNATE WHAT CONST ITUTES A FOOD DESERT RETAIL INCENTIVE ARE A FOR 20
79+PURPOSES OF THE TAX CREDIT UNDER THIS SU BSECTION. 21
7680
77- (III) ADDITIONAL ELIGIBILI TY REQUIREMENTS FOR
78-SUPERMARKETS TO QUAL IFY FOR THE TAX CRED IT UNDER THIS SUBSEC TION;
81+ (4) A PROPERTY TAX CREDIT GRANTED UNDER THIS S UBSECTION 22
82+FOR A TAXABLE YEAR M AY NOT EXCEED THE A MOUNT OF PROPERTY TA X IMPOSED 23
83+ON THE PERSONAL PROP ERTY OF A SUPERMARKE T IN THAT YEAR. 24
7984
80- (IV) ADDITIONAL CRITERIA FOR WHAT CONSTITUTES ELIGIBLE
81-CONSTRUCTION THAT MA Y QUALIFY A SUPERMAR KET FOR THE TAX CRED IT UNDER
82-THIS SUBSECTION ; AND
85+ (5) THE GOVERNING BODY OF BALTIMORE COUNTY MAY ESTABLISH , 25
86+BY LAW: 26
8387
84- (V) ANY OTHER PROVISIONS NECESSARY TO CARRY O UT THIS
85-SUBSECTION.
88+ (I) LIMITS ON THE CUMULA TIVE AMOUNT OF PROPE RTY TAX 27
89+CREDITS GRANTED UNDE R THIS SUBSECTION ; 28
8690
87- SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June
88-1, 2022, and shall be applicable to all taxable years beginning after June 30, 2022.
91+ (II) ADDITIONAL LIMITATIO NS ON THE AMOUNT OF THE CREDIT; 29
92+ HOUSE BILL 680 3
8993
90-Approved by the Governor, May 12, 2022.
94+
95+ (III) ADDITIONAL ELIGIBILI TY REQUIREMENTS FOR 1
96+SUPERMARKETS TO QUAL IFY FOR THE TAX CRED IT UNDER THIS SUBSEC TION; 2
97+
98+ (IV) ADDITIONAL CRITERIA FOR WHAT CONSTITUTES ELIGIBLE 3
99+CONSTRUCTION THAT MA Y QUALIFY A SUPERMAR KET FOR THE TAX CRED IT UNDER 4
100+THIS SUBSECTION ; AND 5
101+
102+ (V) ANY OTHER PROVISIONS NECESSARY TO CARRY O UT THIS 6
103+SUBSECTION. 7
104+
105+ SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June 8
106+1, 2022, and shall be applicable to all taxable years beginning after June 30, 2022. 9
107+
108+
109+
110+
111+Approved:
112+________________________________________________________________________________
113+ Governor.
114+________________________________________________________________________________
115+ Speaker of the House of Delegates.
116+________________________________________________________________________________
117+ President of the Senate.