(a)(1) In this section the following words have the…#
(a) (1) In this section the following words have the meanings indicated.
(2) “Administration” means the Motor Vehicle Administration.
(3) “Qualified vehicle” means a Class F (tractor) vehicle described under § 13-923 of the Transportation Article that is titled and registered in the State.
(b)Subject to the limitations of this section, an…#
(b) Subject to the limitations of this section, an individual or a corporation that obtains a tax credit certificate from the Administration may claim a credit against the State income tax for the expense of registering a qualified vehicle in the State during the taxable year.
(c)(1) Subject to paragraph#
(c) (1) Subject to paragraph (2) of this subsection, on application by a taxpayer, the Administration shall issue a tax credit certificate in the amount of $400 for each qualified vehicle registered by the taxpayer during the taxable year.
(2) For any taxable year, the Administration may not issue an aggregate amount of tax credit certificates totaling more than: