Legislation
- Title
- Property Tax - Credit for Longtime Residents to Offset Property Tax Rate Increase
- Sponsored by
- Delegates Metzgar, Anderton, Arikan, Beitzel, Boteler, Buckel, Chisholm, Griffith, Hornberger, Jacobs, Kipke, Kittleman, Krebs, Mangione, Mautz, McComas, McKay, Munoz, Reilly, Rose, Shoemaker, Szeliga, and Wivell
- Status
- In the House - Hearing 2/22 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Authorizing the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation to grant, by law, a certain property tax credit against the county or municipal property tax imposed on a dwelling owned by an individual who is at least 60 years old, has resided in the dwelling for 30 consecutive years, and whose combined income does not exceed $75,000; and applying the Act to all taxable years beginning after June 30, 2022.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): June 1, 2022
History
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Subjects
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Statutes
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Last Updated: 7/8/2022 2:25 PM