Altering the calculation of the amount of property tax relief provided to specified renters by increasing, from 15% to 25%, the percent of rent used to calculate the assumed property tax; altering the calculation of combined income of a renter to increase the amount of property tax relief available; increasing, from $750 to $1,500, the maximum amount of property tax relief that may be provided under the program; requiring the Department of Assessments and Taxation to establish a marketing campaign; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2014
|Date Posted||Document Name|
|1/31/2014||Text - First - Maryland Renters Tax Credit Program|
( 9-102 )
Last Updated: 2/3/2020 2:29 PM