Maryland HB846 grants a retroactive property tax exemption for certain property in Hagerstown.

Maryland HB846 establishes a retroactive property tax exemption for property owned by the City of Hagerstown or the Hagerstown Multi-Use Sports and Events Facility, Inc., effective for taxable years beginning after June 30, 2023. The exemption applies to property used primarily for public social, recreational, and entertainment purposes. The State, Washington County, and the City of Hagerstown are required to refund any excess property tax paid due to this retroactive exemption. The Act takes effect on June 1, 2026.

Maryland HB846 grants a retroactive property tax exemption for certain property in Hagerstown.

Maryland HB846 establishes a retroactive property tax exemption for property owned by the City of Hagerstown or the Hagerstown Multi-Use Sports and Events Facility, Inc., effective for taxable years beginning after June 30, 2023. The exemption applies to property used primarily for public social, recreational, and entertainment purposes. The State, Washington County, and the City of Hagerstown are required to refund any excess property tax paid due to this retroactive exemption. The Act takes effect on June 1, 2026.