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.
State: | Maryland |
Effected Jurisdiction: | Baltimore County |
Jurisdiction type: | County |
Fiscal year ending In: | 2018 |
Program name: | Conservation Land Tax Credit |
Program purpose: | Conservation of farmland, forest, open space, or water |
Statutory authority: | County Code Section 11-2-110 |
Abating jurisdiction(s): | Baltimore County, Maryland |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Credit |
Provisions for recapture: | If the property is transferred to an entity other than a government agency or another qualified trust, the credit will lapse and the property owner will become liable for all the Property Tax had the credit not been granted, as well as interest on those taxes. |
Gross revenue loss: | $19,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $19,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.baltimorecountymd.gov/departments/budfin/accounting/ |