Homeowners’ Property Tax Credit – Year–Round Application

HB 1330 changes Maryland's homeowners' property tax credit application process to be year-round. It eliminates the previous October 1 deadline, allowing eligible homeowners to apply anytime within specific windows: within one year after April 15 for first-time applicants or those who applied on time for three consecutive years, or within three years after April 15 for homeowners aged 70+ or enrolled in the Homeowner Protection Program. The bill directly affects Maryland homeowners with combined gross income under $60,000 or net worth under $200,000 who qualify for the credit. Key mechanisms include extended application periods and revised payment timing based on when the application is submitted. This applies to all taxable years beginning after June 30, 2027.