Property Tax - Credit for Dwelling House of Disabled Veterans and Surviving Spouses - Revisions

HB 1482 requires Maryland counties and municipalities to automatically grant a property tax credit to disabled veterans and surviving spouses who own their homes, replacing the previous "may grant" option. It increases the credit to 80% of property taxes for veterans with 70%+ service-connected disability (up from 50%), 40% for 50-69% disability (up from 25%), and 20% for 20-49% disability. To qualify, applicants must have a VA-certified disability rating, own a primary residence, and have federal adjusted gross income under $100,000. Surviving spouses may also continue receiving the credit under local laws. The bill mandates these changes starting June 1, 2026, for all taxable years after that date.