Anne Arundel County - Property Tax Credit - Supermarkets

SB 131 authorizes Anne Arundel County or its municipalities to offer a property tax credit against personal property taxes for supermarkets that complete eligible construction (new stores or major renovations) in designated "food desert retail incentive areas." To qualify, supermarkets must meet specific criteria, including having major food departments, deriving over 50% of sales from food, and dedicating over 50% of floor space to food sales. The county must define food desert areas, and the credit cannot exceed the actual personal property tax owed, with local governments able to set additional limits or requirements. The bill takes effect June 1, 2025, for taxable years after June 30, 2025.