Budget & Taxes (Property Tax)

in committee · Maryland · House of Delegates Feb 16, 2026

HB 1518: Property Tax Assessments - 5-Year Assessment Cycle

HB 1518 changes Maryland's property tax assessment cycle from every three years to every five years for most real property. This affects all Maryland property owners by reducing how frequently their property values are reassessed for tax purposes. The bill maintains that revaluation is still required if specific events occur, such as zoning changes, major improvements adding $100,000+ in value, or errors in calculation. It also preserves property owners' rights to appeal assessments and request re-inspections during the five-year cycle. The bill amends multiple sections of Maryland's tax code to implement this extended cycle.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends property tax reassessment cycle from 3 to 5 years, reducing frequency of tax increases for homeowners and providing tax relief.95% confidence

Sub-Topics Property Tax

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in committee · Maryland · House of Delegates Feb 12, 2026

HB 1308: Homeowners' Property Tax Credit - Eligibility and Calculation - Alterations

HB 1308 modifies Maryland's homeowners' property tax credit program by raising eligibility thresholds. It increases the assessed value cap for qualifying homes from $300,000 to $480,000, raises the income threshold for the first tax credit bracket from $8,000 to $12,500, and raises the combined gross income limit from $60,000 to $95,000. The bill also raises the net worth limit for eligibility from $200,000 to $320,000. These changes will directly affect more middle-income homeowners who previously exceeded the lower limits, expanding access to the credit starting June 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands property tax credit eligibility for middle-income homeowners by raising income/value thresholds, providing tax relief per indicators.95% confidence ✓ HousingSupports HousingRaises income/value thresholds for homeowners' tax credit, expanding eligibility to more middle-income homeowners and reducing property tax burden, advancing housing affordability.85% confidence

Sub-Topics Property Tax Tax Credits Property Taxes

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passed · Maryland · Senate Mar 23, 2026

SB 520: Property Tax - Charter Counties - Application of County Tax Limitation on Public Safety Budget

SB 520 allows charter counties in Maryland to set property tax rates above their charter limits - via simple majority vote - to fund public safety budgets (like police and fire services). It requires that any excess tax revenue collected beyond the charter limit must be allocated solely to public safety, not other county programs. The bill applies only to charter counties (e.g., Baltimore County) and mandates annual reporting to the Governor and legislature on tax rates and revenue usage. This changes existing tax rules by creating a specific exemption for public safety funding while maintaining other budget constraints.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnables increased property tax revenue allocation specifically for public safety budgets, advancing funding for essential services under fiscal management.95% confidence ✓ Criminal JusticeSupports Criminal JusticeDirectly funds public safety (police/fire) via property tax increases with dedicated allocation, advancing law enforcement resources under criminal justice.90% confidence

Sub-Topics Property Tax Revenue Policing Tags Public Safety

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signed · Maryland · House of Delegates May 12, 2026

HB 1452: Economic Development - Prince George's County Suitland Development Authority - Established

HB 1452 establishes the Suitland Development Authority in Prince George’s County to revitalize the Suitland Road and Silver Hill Road intersection area, which has faced decades of underdevelopment and blight. The Authority will create neighborhood revitalization plans with resident input, modify project boundaries (subject to a vote), manage finances, and operate tax-exempt under certain conditions. It directly affects residents and businesses in this specific neighborhood by aiming to boost economic activity, reduce unemployment, retain existing businesses, and increase property tax revenue for the county and state. The bill creates a new government entity focused on targeted neighborhood redevelopment, not broader policy changes.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes tax-exempt authority for economic development, providing tax relief for the Suitland project area and enabling fiscal management through tax-exempt operations.90% confidence ✓ HousingSupports HousingBill establishes Suitland Development Authority to revitalize blighted neighborhood area, directly advancing housing development through neighborhood revitalization plans.80% confidence ✓ TransportationSupports TransportationBill establishes Suitland Development Authority to revitalize Suitland/Silver Hill Road intersection, directly improving road infrastructure and addressing blight at a key transportation corridor.90% confidence

Sub-Topics Property Tax Revenue Community Development Property Development Property Taxes Roads & Highways Tags Economic Development

signed · Maryland · House of Delegates May 26, 2026

HB 1243: Prince George's County - Personal Property Tax Exemption for Small Manufacturers PG 423-26

HB 1243 exempts all personal property (including manufacturing inventory) owned by small manufacturers in Prince George's County from property tax, specifically targeting businesses with 50 or fewer employees. This policy change directly affects qualifying small manufacturing businesses in the county by eliminating their tax burden on tools, machinery, raw materials, and finished goods. The bill amends existing tax code to create a new exemption under Section 7-226.1, effective June 1, 2026, applying to all taxable years starting after June 30, 2026. It does not alter tax rates but removes property tax liability for qualifying businesses' operational assets.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts small manufacturers from property tax, reducing their tax burden and providing direct tax relief under new tax code section.95% confidence

Sub-Topics Property Tax Tax Incentives

in committee · Maryland · House of Delegates Feb 11, 2026

HB 1088: Property Tax - Petition to Review Value of Commercial Real Property

HB 1088 allows counties and municipal corporations in Maryland to request a review of the assessed value of commercial real property sold to a new owner when the sales price is 20% or more higher than the previous sale price. This bill modifies Maryland’s property tax code to authorize local governments - not individual property owners - to file such petitions with tax supervisors. The key provision requires the Department of Assessments to establish procedures for handling these requests, with hearings scheduled per existing tax appeal rules. It directly affects commercial property transactions meeting the 20% price increase threshold, aiming to adjust assessments for significant value jumps after resale. The bill takes effect October 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill modifies property tax code to ensure accurate assessments for commercial properties, promoting fiscal responsibility in tax collection and revenue management.92% confidence

Sub-Topics Property Tax

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in committee · Maryland · Senate Feb 11, 2026

SB 812: Homeowners' Property Tax Credit - Eligibility and Calculation - Alterations

SB 812 modifies Maryland's homeowners' property tax credit by raising the income eligibility threshold from $60,000 to $100,000 in the preceding calendar year and adjusting the credit calculation structure. The bill now applies 0% to the first $15,000 of combined income, 3% to the next $7,500, 6% to the following $7,500, and 9% to income exceeding $30,000. This change directly affects Maryland homeowners with combined gross income up to $100,000 who qualify for the credit. The bill takes effect for tax years beginning after June 30, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesRaises income threshold for property tax credit, expanding relief to middle-income homeowners (up to $100k) with adjusted calculation structure, directly providing tax relief per support indicators.95% confidence ✓ HousingSupports HousingExpands property tax credit eligibility to higher-income homeowners, reducing housing costs for more residents within affordable housing framework.92% confidence

Sub-Topics Property Tax Tax Credits Property Taxes

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signed · Maryland · House of Delegates May 26, 2026

HB 805: Building Homes Act

HB 805, the Building Homes Act, creates a property tax credit for affordable homes in Maryland. It allows Baltimore City or county/municipal governments to offer tax credits against property taxes for dwellings with mortgages from nonprofit lenders and a 20-year agreement ensuring affordable pricing (including resale restrictions). The credit equals the difference between taxes on the home's full value and the portion covered by the homeowner's first mortgage. This directly affects homeowners in nonprofit-managed affordable housing units, reducing their annual property tax burden starting June 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides targeted property tax credit reducing burden for affordable housing homeowners, aligning with tax relief indicators for middle-income groups.95% confidence ✓ HousingSupports HousingCreates property tax credits for affordable homes via nonprofit mortgages with 20-year affordability agreements, directly increasing accessible housing options.95% confidence

Sub-Topics Property Tax Tax Credits Affordable Housing Housing Finance Property Taxes

passed · Maryland · House of Delegates Mar 25, 2026

HB 1224: Property Taxes - Special Rate for Vacant and Abandoned Property - Charter County Tax Limitation PG 408-26

HB 1224 allows charter counties in Maryland (like Prince George's County) to impose a higher property tax rate on vacant or abandoned properties that exceed their usual tax rate limits under county charters. The bill authorizes counties to collect additional tax revenue from these properties and direct it into the county’s general fund, bypassing standard charter restrictions. Counties must annually report details including the number of affected properties, revenue changes, and whether properties are being prepared for reuse. This policy directly affects property owners of vacant lots or uninhabitable buildings cited for housing violations, aiming to generate revenue for county services without requiring charter amendments.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllows counties to collect higher taxes on vacant properties, increasing general fund revenue for local budgets and bypassing charter restrictions.95% confidence

Sub-Topics Property Tax Revenue State Budget

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in committee · Maryland · House of Delegates Feb 12, 2026

HB 1302: Property Tax Credit - Disabled Public Safety and Judicial Officers, Surviving Spouses, and Cohabitants - Eligibility

HB 1302 removes a requirement that disabled public safety/judicial officers, their surviving spouses, or cohabitants must have been domiciled in Maryland for 5 years before a disability or death event to qualify for a property tax credit. The bill directly affects disabled officers (e.g., law enforcement, firefighters) who became disabled on duty, surviving spouses who haven’t remarried, and cohabitants who lived with a fallen officer for 180+ days. Key changes eliminate the 5-year residency rule while keeping other eligibility criteria, such as the dwelling being their primary residence and acquired within 10 years of the qualifying event. This makes the credit more accessible to qualifying residents without requiring long-term Maryland residency prior to the qualifying incident.

Topics ✓ Budget & TaxesSupports Budget & TaxesRemoves residency requirement for property tax credit, expanding tax relief eligibility for disabled officers and families, directly providing tax reduction.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentRemoves residency barrier for disabled public safety officers' property tax credit, expanding access to financial benefit for workers injured on duty.90% confidence

Sub-Topics Property Tax Tax Credits

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