Legislation - SB0427

Title: Property Taxes - Authority of Counties to Establish a Subclass and Set a Special Rate for Personal Property of Data Centers
Sponsored by: Senator Lewis Young
Status: In the Senate - First Reading Budget and Taxation
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 personal property consisting of all the personal property of certain qualified data centers and set a special personal property tax rate for the subclass; and applying the Act to all taxable years beginning after June 30, 2026.

Committees

Original:: Budget and Taxation

Details

Bill File Type: Regular

Effective Date(s): June 1, 2026

History

Legislation History
Chamber Senate Calendar Date 1/30/2026 Legislative Date 1/30/2026 Action First Reading Budget and Taxation Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/30/2026	1/30/2026	First Reading Budget and Taxation

File Code

Subjects

Statutes