Bill > HB556

This bill, the Maryland Family Utility Tax Relief Act, allows the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation to create a property tax credit for individuals who spend at least 25% of their household net income, which is the income remaining after legally required deductions, on utility services like electricity, gas, water, or internet for their home. This credit would be applied against the local property taxes owed on their dwelling, and local governments would have the authority to determine the amount and duration of the credit, as well as any additional requirements for eligibility, with the law taking effect in June 2026.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0556?ys=2026RS