Legislation - SB0224

Title: Property Taxes - Authority of Counties to Establish a Subclass and Set a Special Rate for Commercial and Industrial Property
Sponsored by: Senator Lewis Young
Status: In the Senate - Hearing 1/21 at 10:00 a.m.
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, 2026; etc.

Committees

Original:: Budget and Taxation

Details

Cross-filed with: HB0090

Introduced in a prior session as: HB0023 Session: 2025 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): June 1, 2026

History

Legislation History
Chamber Senate Calendar Date 9/16/2025 Legislative Date 9/16/2025 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/14/2026 Legislative Date 1/14/2026 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Property Taxes - Authority of Counties to Establish a Subclass and Set a Special Rate for Commercial and Industrial Property Proceedings
Chamber Senate Calendar Date 1/15/2026 Legislative Date 1/15/2026 Action Hearing 1/21 at 10:00 a.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	9/16/2025	9/16/2025	Pre-filed
Senate	1/14/2026	1/14/2026	First Reading Budget and Taxation
			Text - First - Property Taxes - Authority of Counties to Establish a Subclass and Set a Special Rate for Commercial and Industrial Property
Senate	1/15/2026	1/15/2026	Hearing 1/21 at 10:00 a.m.

File Code

Subjects

Statutes