MD HB161

Baltimore City, counties, and municipal corporations may grant property tax credits on real property converted from retail service stations (gas stations) to retail, residential, or mixed-use developments

The credit is intended primarily to offset costs of removing underground storage tanks and remediating any associated contamination

Properties are ineligible unless underground storage tanks have been permanently closed in accordance with Department of the Environment regulations

Excluded uses that do not qualify as "retail use" include discount stores (majority of items priced under $5), self-storage facilities, tobacco/vape retailers, and Class A retail alcoholic beverage license holders

Takes effect June 1, 2026, applicable to taxable years beginning after June 30, 2026