EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. [Brackets] indicate matter deleted from existing law. Underlining indicates amendments to bill. Strike out indicates matter stricken from the bill by amendment or deleted from the law by amendment. *hb0447* HOUSE BILL 447 Q2 5lr2661 CF SB 178 By: Delegate Chisholm Introduced and read first time: January 16, 2025 Assigned to: Ways and Means Committee Report: Favorable House action: Adopted Read second time: March 5, 2025 CHAPTER ______ AN ACT concerning 1 Anne Arundel County – Property Tax Credit – Habitat for Humanity of the 2 Chesapeake, Incorporated 3 FOR the purpose of altering the name of Arundel Habitat for Humanity, Inc., to be Habitat 4 for Humanity of the Chesapeake, Incorporated, for purposes of a certain property tax 5 credit against the county or municipal corporation tax imposed on the entity; 6 authorizing the tax credit for any real property owned by the entity; and generally 7 relating to a property tax credit for real property owned by Habitat for Humanity of 8 the Chesapeake, Incorporated. 9 BY repealing and reenacting, with amendments, 10 Article – Tax – Property 11 Section 9–303(b)(3) 12 Annotated Code of Maryland 13 (2019 Replacement Volume and 2024 Supplement) 14 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 15 That the Laws of Maryland read as follows: 16 Article – Tax – Property 17 9–303. 18 (b) (3) (i) The governing body of Anne Arundel County or of a municipal 19 corporation in Anne Arundel County may grant, by law, a property tax credit under this 20 2 HOUSE BILL 447 section against the county or municipal corporation tax imposed on real property that is 1 owned by [Arundel Habitat for Humanity, Inc., and is located at 8101 Fort Smallwood 2 Road, Baltimore, Maryland or 8104 Parkway Drive, Baltimore, Maryland] HABITAT FOR 3 HUMANITY OF THE CHESAPEAKE, INCORPORATED . 4 (ii) The governing body of Anne Arundel County or of a municipal 5 corporation in Anne Arundel County may provide, by law, for: 6 1. the amount, terms, scope, and duration of the credit 7 granted under this paragraph; and 8 2. any other provision necessary to administer the credit 9 granted under this paragraph. 10 SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June 11 1, 2025, and shall be applicable to all taxable years beginning after June 30, 2025. 12 Approved: ________________________________________________________________________________ Governor. ________________________________________________________________________________ Speaker of the House of Delegates. ________________________________________________________________________________ President of the Senate.