MD HB1251 | 2024 | Regular Session
Note: Carry Over of previous HB738
Status
Spectrum: Partisan Bill (Republican 15-0)
Status: Introduced on February 8 2024 - 25% progression, died in committee
Action: 2024-02-09 - Hearing 3/05 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 8 2024 - 25% progression, died in committee
Action: 2024-02-09 - Hearing 3/05 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Authorizing the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation to grant, by law, a certain property tax credit against the county or municipal property tax imposed on a dwelling owned by an individual who is at least 60 years old, who has resided in the dwelling for 30 consecutive years, and whose combined income does not exceed $75,000; and applying the Act to all taxable years beginning after June 30, 2024.
Title
Property Tax - Credit for Longtime Residents to Offset Property Tax Rate Increase
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-09 | House | Hearing 3/05 at 1:00 p.m. |
| 2024-02-08 | House | First Reading Ways and Means |
Same As/Similar To
HB738 (Carry Over) 2022-02-03 - Hearing 2/22 at 1:00 p.m.
Subjects
Baltimore City
Counties
Elderly Persons
Laws and Ordinances
Low-Income
Municipal Corporations
Property Tax
Residency
Rules and Regulations
Tax Credits
Taxes - Property
Time
Counties
Elderly Persons
Laws and Ordinances
Low-Income
Municipal Corporations
Property Tax
Residency
Rules and Regulations
Tax Credits
Taxes - Property
Time
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - Property | 9 | 268 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1251?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb1251f.pdf |
