Maryland HB78 allows Baltimore City or county governing bodies to establish subclasses of real property and set separate tax rates for land and.
Maryland HB78 modifies the state's tax laws to allow the Mayor and City Council of Baltimore City or the governing body of a county to establish subclasses of real property. These subclasses include land and improvements to land. The bill also authorizes these entities to set separate real property tax rates for each subclass. This change takes effect June 1, 2026, and applies to taxable years beginning after June 30, 2027.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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