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MD SB1041
MD SB1041Property Tax - Charter Counties - Application of County Tax Limitation on Public Safety Budget
summary
Introduced
03/03/2025
03/03/2025
In Committee
03/03/2025
03/03/2025
Crossed Over
Passed
Dead
04/08/2025
04/08/2025
Introduced Session
2025 Regular Session
Bill Summary
Authorizing a county council of a charter county, notwithstanding certain provisions of law, to set by simple majority vote a property tax rate that is higher than the property tax rate authorized under a county's charter or collect more property tax revenues than the revenues authorized under the county's charter for the purpose of funding the approved public safety budget of the county; and applying the Act to all taxable years beginning after June 30, 2025.
AI Summary
This bill allows county councils in charter counties to set higher property tax rates or collect more property tax revenues than normally permitted by their county charter, specifically for funding public safety budgets. Under the proposed legislation, a county council can use a simple majority vote to exceed existing tax rate limitations with the sole purpose of supporting public safety expenses. If a county chooses to increase property tax revenues beyond charter limitations, they must appropriate all excess property tax revenues to the public safety budget. The bill creates an exception to existing rules that previously restricted property tax increases, providing more financial flexibility for charter counties to fund their public safety operations. The changes will apply to all taxable years beginning after June 30, 2025, giving local governments a clear timeline for implementing these new tax provisions. This legislation represents a targeted approach to allowing charter counties greater discretion in managing their public safety funding through property tax adjustments.
Sponsors (1)
Last Action
First Reading Senate Rules (on 03/03/2025)
bill text
bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB1041?ys=2025RS |
BillText | https://mgaleg.maryland.gov/2025RS/bills/sb/sb1041f.pdf |
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