Green Building Tax Credit (Carroll, MD 2009)

State: 
Maryland
City: 
Carroll
Enacted: 
2009
Summary: 

The Green Building Tax Credit provides a 25% tax credit for new buildings that achieve LEED Silver certification or equivalent, a 50% tax credit for new buildings that achieve LEED Gold certification or equivalent, and a 75% tax credit for new buildings that achieve LEED Platinum certification or equivalent, for a period of 5 consecutive years. This tax credit only applies to property that is principally used for business, commercial, or industrial purposes.

Model Policy Category: 
Green Building
Incentive