Code of Maryland Regulations
Title 14 - INDEPENDENT AGENCIES
Subtitle 26 - MARYLAND ENERGY ADMINISTRATION
Chapter 14.26.02 - Green Building Tax Credit Program
Section 14.26.02.08 - Initial Credit Certificate
Current through Register Vol. 51, No. 6, March 22, 2024
A. On application by a taxpayer, the Administration shall issue an initial credit certificate if the taxpayer has made a showing that the taxpayer is likely within a reasonable time to place in service property for which a credit under this chapter is allowed.
B. The Administration may require the taxpayer to provide additional information as necessary.
C. In determining the amount of credits, a cost paid or incurred may not be the basis for more than one credit.
D. The initial credit certificate shall state:
E. The initial credit certificate shall apply only to property placed in service on or before the expiration date. The Administration may extend the expiration date to avoid unwarranted hardship.