Maryland HB1095 allows Calvert County to grant property tax credits for real estate previously used as tobacco barns.
Maryland HB1095 amends the property tax laws to allow Calvert County to grant property tax credits for real property that was formerly used solely as a tobacco barn. The credit applies if the property is on land subject to a tobacco buyout agreement or is used for an approved agricultural activity. The governing body of Calvert County can determine the amount and duration of the credit. The law takes effect June 1, 2026, and applies to taxable years beginning after June 30, 2026.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.