Maryland HB889 allows Wicomico County to provide a property tax credit for Salisbury Neighborhood Housing Services, Inc.'s real property.

Maryland HB889 authorizes the governing body of Wicomico County or a municipal corporation in Wicomico County to grant a property tax credit for real property owned by Salisbury Neighborhood Housing Services, Inc. The credit applies to property intended for relinquishment, used for development or rehabilitation, and not occupied by administrative or warehouse buildings. The governing body can set the amount, terms, scope, and duration of the tax credit. Salisbury Neighborhood Housing Services, Inc. must submit an annual report documenting the use of the property.

Maryland HB889 allows Wicomico County to provide a property tax credit for Salisbury Neighborhood Housing Services, Inc.'s real property.

Maryland HB889 authorizes the governing body of Wicomico County or a municipal corporation in Wicomico County to grant a property tax credit for real property owned by Salisbury Neighborhood Housing Services, Inc. The credit applies to property intended for relinquishment, used for development or rehabilitation, and not occupied by administrative or warehouse buildings. The governing body can set the amount, terms, scope, and duration of the tax credit. Salisbury Neighborhood Housing Services, Inc. must submit an annual report documenting the use of the property.