Maryland HB359 provides a property tax credit for urban agricultural property used for crop production, environmental mitigation, and other.
Maryland HB359 amends the state's tax code to offer a property tax credit for urban agricultural property. This credit applies to real property used for indoor and outdoor crop production, value-added agricultural products, beekeeping, livestock raising, composting, and environmental mitigation activities. The credit is available to property owners in priority funding areas, not assessed as agricultural land, and used for urban agricultural purposes.
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