Sunday, April 22, 2012

Councilman Marks Introduces Legislation to Expand Property Tax Credit

From David Marks' office: County Councilman David Marks (R-Fifth District) has introduced legislation that expands an important property tax credit for energy-efficient homes.

In 2010, the County Council passed legislation that provides a property tax credit for three years for either a new home that exceeds the Home Energy Rating System by 40 percent or for an existing home whose energy performance is increased by 40 percent.  Councilman Marks is sponsoring Bill 23-12, which also qualifies homes that meet the International Code Council’s National Green Building Standard.  The new standard judges not just the unit, but site development plans and other factors.



“This legislation is good for taxpayers and for the environment,” Councilman Marks commented.  “We should be doing all we can to encourage the construction of energy-efficient homes that consumers will buy.”

The County Council will consider the legislation at its May 7th legislative meeting.  For more information on the property tax credit program, visit http://www.baltimorecountymd.gov/Agencies/economicdev/taxcredits.html.


County Councilman David Marks
dmarks@baltimorecountymd.gov


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