Prince George's County, Maryland, USA
Interior Nat Harbor

Green Business Real & Personal

The Green Business Tax Credit encourages environmental sustainability and economic development by providing property tax incentives for certified green businesses operating in Prince George's County.

The credit applies to qualifying real property and personal property used exclusively by an eligible green business.

Credit Amount

The credit applies to the County portion of the property tax on eligible real or personal property used exclusively by a certified green business.

  • Credit Period: Up to 5 consecutive tax years
  • Funding Availability: Credits are awarded on a first-come, first-served basis, subject to available program funding.
Note: If a certified green business leases property, any approved tax savings must be passed through to the business if it is contractually responsible for paying the property taxes.

Eligibility Requirements

To qualify for the Green Business Tax Credit, a business must:

  • Occupy and use the property exclusively for an eligible green business.
  • Operate primarily in one or more of the following areas:
    • Manufacturing, distributing, marketing, or selling environmentally sustainable products;
    • Providing environmental or green business services; or
    • Conducting research and development related to green products or technologies.
  • Obtain an approved third-party green business certification before applying for the tax credit.

Eligible Businesses

Qualifying businesses include those primarily engaged in:

Green Products

Businesses that manufacture, distribute, market, or sell products that are:

  • Energy efficient
  • Water efficient
  • Non-toxic
  • Biodegradable
  • Made from recycled or renewable materials

Green Services

Businesses providing services that support environmentally sustainable products or practices.

Green Research

Businesses conducting research and development related to green products, technologies, or environmental innovation.

Application Requirements

Applicants must:

  • Obtain an approved third-party green business certification before applying.
  • Submit a completed application to the Office of Finance, Treasury Division.
  • File the application no later than October 1 of the first tax year for which the credit is requested.

Required Documentation

Applications must include:

  • Proof of an approved third-party green business certification.
  • Documentation demonstrating the property's qualifying business use.
  • Any additional information requested by the Office of Finance to determine eligibility.

Important Information

  • The credit applies only to the portion of the real or personal property used exclusively by the certified green business.
  • If the business leases the property and is contractually responsible for paying property taxes, the property owner must pass the full value of the tax credit to the business.
  • This credit may not be combined with other local or State property tax credits or exemptions on the same property during the same tax year.
  • Credits are awarded subject to available funding.

Questions?

For additional information, please email the Office of Finance, Treasury Division at prop_tax_credits@co.pg.md.us

Authority

  • County Bill CB-10-2016
  • Maryland Tax-Property Article, § 9-318(f)
  • Prince George's County Code, Subtitle 10, Section 10-235.20

Apply for Property Tax Credit - Green Business (PDF)

Apply for Property Tax Credit - Green Business (PDF) - Español