Bill > HB101

This bill modifies the Maryland Property Tax law by changing the deadline for setting property tax rates for Baltimore City, counties, and municipal corporations from July 1 to June 1 each year. Specifically, the bill alters two sections of the Tax - Property article, requiring the Mayor and City Council of Baltimore City, county governing bodies, and municipal corporation governing bodies to set their property tax rates for the next taxable year after the "date of finality" and before June 1 (instead of the previous July 1 deadline). The bill also maintains a provision that allows municipal corporations to set special tax rates for different classes of property if not otherwise prohibited. The changes will take effect on July 1, 2025, giving local governments more flexibility in setting their property tax rates by moving the deadline one month earlier. This adjustment may help local jurisdictions in Maryland more efficiently plan and implement their annual property tax rates.

Budget and Finance

Ways and Means (House)

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0101?ys=2025RS