Bill > HB78

This bill allows counties and Baltimore City to set different property tax rates for land and for improvements made to that land, which are referred to as subclasses of real property. Currently, counties generally must apply a single property tax rate to all real property, with some exceptions. This legislation, however, amends existing law to permit the creation of separate tax rates for "land" and "improvements to land," meaning the tax on the ground itself could be different from the tax on buildings or other structures on that ground. These separate rates must be applied uniformly within each subclass across the entire taxing jurisdiction. The bill also specifies that this change will take effect for taxable years beginning after June 30, 2027.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0078?ys=2026RS