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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

Effected JurisdictionPrince George's County
Jurisdiction type: County
Fiscal year ending In2018
Program namePayment in lieu of Taxes Tax Abatement Program
Program purpose: General Economic Development
Statutory authority: Maryland Annotated Code –Section 7-211.3; 7-505; 7-506.1; 7-514; 7-516
Abating jurisdiction(s): Prince George's County, Maryland
Applicable taxesReal Property Tax
Method of abatement: Tax Exemption (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $1,639,955
Reimbursement / offset: $0
Net revenue loss: $1,639,955
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.princegeorgescountymd.gov/4334/Annual-Comprehensive-Financia...