Maryland HB603 sets the homestead credit percentage for Baltimore County property tax at 100%.
Maryland HB603 amends the state's property tax laws to establish the homestead credit percentage for Baltimore County property tax at 100%. This bill also sets the minimum and maximum allowable homestead credit percentages for other property taxes and mandates that local governments notify the Department of Assessments and Taxation of any changes. The homestead credit percentage is applied to calculate property tax credits for increases in property assessments. The changes take effect June 1, 2026.
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