Bill > SB516

This bill modifies property tax regulations for child care facilities in Maryland, expanding tax exemptions and credits for family child care homes and large family child care homes. Specifically, the bill exempts personal property used in connection with large family child care homes from property taxation, allowing individuals to use property at their residence for child care purposes without incurring additional tax burdens. The legislation increases the maximum property tax credit from $3,000 to $10,000 for properties used as child care centers, day care centers, and family or large family child care homes. The bill authorizes local governments in Baltimore City, counties, and municipal corporations to establish property tax credits for real estate used exclusively for child care purposes, including centers licensed under the Education Article and day care centers for elderly or adult populations. These changes aim to support child care providers by reducing their tax expenses and potentially making it more financially feasible to operate child care facilities. The bill will take effect on June 1, 2025, and will apply to taxable years beginning after June 30, 2025, providing advanced notice to affected property owners and local governments.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0516?ys=2025RS