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Bill > HB603


MD HB603

MD HB603
Baltimore County - Homestead Property Tax Credit Percentage


summary

Introduced
01/28/2026
In Committee
01/28/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Requiring the homestead property tax credit percentage in Baltimore County to be 100%.

AI Summary

This bill mandates that Baltimore County must set its homestead property tax credit percentage at 100% for all taxable years beginning after June 30, 2026. The homestead property tax credit is a reduction in property taxes for homeowners, calculated based on an increase in a property's assessed value from the previous year. Previously, counties had the authority to set this credit percentage, with a general limit of between 100% and 110%, but this bill specifically requires Baltimore County to apply the maximum possible credit of 100%.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

House Ways and Means Hearing (13:00:00 2/10/2026 ) (on 02/10/2026)

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