Legislation - SB0822

Providing a credit against the State, county, and municipal corporation property tax imposed on certain nonprimary residences under certain circumstances; providing that "nonprimary residence" does not include residential real property that is held primarily for rental, investment, or the generation of income; and requiring the Mayor and City Council of Baltimore City and the governing body of each county and municipal corporation to set a certain nonprimary residence credit percentage for purposes of calculating the credit.

Committees

Original:: Budget and Taxation

Details

Bill File Type: Regular

Effective Date(s): June 1, 2025

Bill imposes a local government mandate, which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit

History

Legislation History
Chamber Senate Calendar Date 2/03/2025 Legislative Date 1/28/2025 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Property Tax - Tax Credit for Nonprimary Residence Proceedings
Chamber Senate Calendar Date 2/05/2025 Legislative Date 2/05/2025 Action Hearing 3/04 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/03/2025	1/28/2025	First Reading Budget and Taxation
			Text - First - Property Tax - Tax Credit for Nonprimary Residence
Senate	2/05/2025	2/05/2025	Hearing 3/04 at 1:00 p.m.

File Code

Subjects

Statutes