Maryland HB826 imposes a moratorium on increasing the assessed value of residential real property from June 30, 2026, to June 30, 2029.
Maryland HB826 establishes a moratorium on increasing the assessed value of residential real property from June 30, 2026, to June 30, 2029. The assessed value may not be increased unless the zoning classification changes, a change in use or character occurs, or a subdivision happens. This bill aims to prevent automatic increases in assessed values for residential properties during the specified period.
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