Bill > HB998

This bill allows the governing body of Calvert County to create a property tax credit for real estate that was previously used exclusively as a tobacco barn, under specific conditions. The tax credit can be granted to properties located either on land subject to a tobacco buyout agreement or on land that qualifies for agricultural use assessment and is currently being used for an agricultural activity recognized by the state department. The county's governing body has the discretion to determine the amount and duration of the tax credit, as well as establish any additional administrative rules necessary for implementing the credit. The bill will go into effect on June 1, 2025, and will apply to all taxable years beginning after June 30, 2025. This legislation appears designed to provide financial support to landowners with historic tobacco barns, encouraging the preservation of agricultural heritage and supporting ongoing agricultural activities in Calvert County.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0998?ys=2025RS