Bill > HB1330

This bill establishes a temporary moratorium on property assessments for residential real property in Baltimore County from July 1, 2025, to June 30, 2027. During this period, the assessed value of residential properties cannot be increased except under specific circumstances, such as: a change in zoning initiated by the property owner, a change in property use, substantial improvements adding at least $100,000 in value, correction of a calculation error, termination of a residential use assessment, or the occurrence of a property subdivision. Additionally, the bill requires the State Department of Assessments and Taxation to hire an independent third party to study and evaluate its current residential property assessment practices and methodology. By December 1, 2026, the department must submit a report to the Governor and General Assembly detailing the study's findings, recommended changes to assessment practices, and the department's plan for implementing those recommendations. The bill is designed to provide temporary relief to Baltimore County homeowners from potential property tax increases and to ensure more accurate and fair property assessment methods.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1330?ys=2025RS