- Title
- Property Taxes - Authority of Counties to Establish a Subclass and Set a Special Rate for Commercial and Industrial Property
- Sponsored by
- Delegates Fair, Charkoudian, Palakovich Carr, Pruski, Ruth, and Vogel
- Status
- In the House - First Reading Ways and Means
- Analysis
Synopsis
Authorizing the Mayor and City Council of Baltimore City or the governing body of a county to establish, by law, a subclass of real property consisting of certain commercial and industrial property and to set a special property tax rate for certain commercial and industrial property for the purpose of financing certain transportation improvements or the approved budget of the county board of education; applying the Act to all taxable years beginning after June 30, 2025; etc.
Committees
- Original:
- Ways and Means
Details
Bill File Type: Pre-Filed
Effective Date(s): June 1, 2025
History
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File Code
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Subjects
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Statutes
Last Updated: 1/7/2025 4:24 PM