Thursday, March 23, 2017

MARYLAND COUNCIL PASSES TAX CREDIT FOR URBAN FARMS

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“They’ve been, in my view, over-taxed as long as they’ve been farming,” Hucker said. “They are not taxed as a farm, which they are. They’re taxed as a single-family home. They’re not eligible for the agricultural tax credit because of an arbitrary rule of state law that says farms have to be over five acres.”

The bill applies to properties ranging in size from one-half acre to less than three acres that are also located in or within 1,000 feet of a Metro Station Policy Area.

Read more about this new TAX Break at: “SourceOfTheSpring.com

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