Property Tax Credit for Nonresidential Solar on Certain Brownfields, Water Retention Ponds, or Quarries

Title 9 of Maryland’s property tax code provides local governments the option to allow a property tax credit for nonresidential solar systems constructed on a brownfield or a water retention pond or quarry currently or previously designated for industrial use. Under this provision, counties determine the amount of the credit, the duration of the credit, and any other provision necessary to carry out the tax credit. It should be noted that the statute includes the city of Baltimore in this provision because Baltimore, the city, has its own jurisdiction as a county. Maryland’s local option tax incentive is unique because it is applied in the form of a credit -- not an exemption or exclusion as in the case of many other property tax programs. Please check with your local county if it offers a tax credit.