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Bill > SB427
MD SB427
MD SB427Property Taxes - Authority of Counties to Establish a Subclass and Set a Special Rate for Personal Property of Data Centers
summary
Introduced
01/30/2026
01/30/2026
In Committee
01/30/2026
01/30/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Authorizing the Mayor and City Council of Baltimore City or the governing body of a county to establish, by law, a subclass of personal property consisting of all the personal property of certain qualified data centers and set a special personal property tax rate for the subclass; and applying the Act to all taxable years beginning after June 30, 2026.
AI Summary
This bill allows the Mayor and City Council of Baltimore City or the governing body of a county to create a special category, or "subclass," for the personal property owned by certain qualified data centers, which are defined as facilities housing significant computer systems and infrastructure for managing large amounts of data, and that meet specific investment and job creation thresholds. Once this subclass is established by law, the county can then set a unique, potentially lower, tax rate specifically for the personal property within that subclass, deviating from the general personal property tax rate. This provision is intended to encourage investment in data centers and will apply to property taxes assessed for years beginning after June 30, 2026.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Senate Budget and Taxation Hearing (13:00:00 2/18/2026 ) (on 02/18/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0427?ys=2026RS |
| BillText | https://mgaleg.maryland.gov/2026RS/bills/sb/sb0427f.pdf |
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