Maryland HB791 imposes a moratorium on increases in the assessed value of residential real property in Baltimore County and mandates a review of.

Maryland HB791 establishes a moratorium on the increase of assessed values for residential real property in Baltimore County from July 1, 2026, to June 30, 2028, except under specific conditions such as changes in use, substantial improvements, errors in calculation, or subdivision. The State Department of Assessments and Taxation is required to retain an independent third party to study and recommend improvements to the assessment practices and methodology. The Department must report the study's findings and actions taken by December 1, 2027.

Maryland HB791 imposes a moratorium on increases in the assessed value of residential real property in Baltimore County and mandates a review of.

Maryland HB791 establishes a moratorium on the increase of assessed values for residential real property in Baltimore County from July 1, 2026, to June 30, 2028, except under specific conditions such as changes in use, substantial improvements, errors in calculation, or subdivision. The State Department of Assessments and Taxation is required to retain an independent third party to study and recommend improvements to the assessment practices and methodology. The Department must report the study's findings and actions taken by December 1, 2027.