(a) (1) In this section the following words have the meanings indicated.
(2) “Qualified brownfields site” has the meaning stated in § 5-301 of the Economic Development Article.
(3) “Tax” has the meaning stated in § 14-801(d) of this title.
(b) The governing body of a county or municipal corporation may grant, by law, a tax abatement against the overdue county or municipal corporation property taxes imposed on real property that is designated as a qualified brownfields site.