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Local Option - Property Tax Credit for High Performance Buildings

Eligibility 
Commercial
Industrial
Multi-Family Residential
Residential
Savings Category 
Photovoltaics
Solar Water Heat
Maximum Rebate 

Varies

Program Info
Start Date 

Property tax years beginning after 06/30/2004

State 
Maryland
Program Type 
Property Tax Incentive
Rebate Amount 

Varies

Similar to Maryland's [http://www.dsireusa.org/library/includes/incentive2.cfm?Incentive_Code=M... Local Option Property Tax Credit for Renewable Energy], Title 9 of Maryland's property tax code creates an optional property tax credit for high performance buildings. This statute allows counties and municipalities to provide a credit against the property tax for buildings which achieve at least a silver rating according to the U.S. Green Building Council's LEED standards, residential structures that achieve a silver rating under the International Code Council's National Green Building Standard (NGBS), or structures which meet other comparable green building ratings or guidelines approved by the State. The provision specifically adding the NGBS (as opposed to the general language regarding "comparable" systems) was adopted by H.B. 158 in 2012, effective for tax years beginning after June 30, 2012.

The counties or municipalities which elect to provide this property tax credit may determine the amount of the property tax credit under this section, the duration of the property tax credit, the criteria and qualifications necessary to receive the credit, and any other necessary provisions. As of July 2011 at least four counties -- [http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=MD34F&re... Montgomery County], [http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=MD39F&re... Howard County], [http://www.baltimorecountymd.gov/Agencies/economicdev/edd_taxcredits.html Baltimore County], and [http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=MD71F&re... Anne Arundel County] -- had adopted a tax credit under this statute. [http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=MD65F&re... Carroll County] has also adopted a green building property tax credit under a separate, county specific provision (Md Code: Property Tax § 9-308(e)) of Maryland law. Please visit the links above for tax credit information on the incentives available in each county.

Other Information 

Specifically requires LEED Silver rating (all structures) or NGBS Silver rating (residential only), but other comparable systems or state approved green building guidelines are permitted