2024 Regular Session • Maryland Legislature
HB287: Property Tax - Renters' Property Tax Relief Program - Assets Calculation
Legislative Summary
Excluding the cash value of any qualified retirement savings plans or individual retirement accounts from the definition of "assets" for purposes of certain property tax relief provided to certain renters; and applying the Act to all taxable years beginning after June 30, 2024.
Bill History
1/12/2024
First Reading Ways and Means
House of Delegates
1/17/2024
Hearing 2/06 at 1:00 p.m.
House of Delegates
2/19/2024
Favorable with Amendments Report by Ways and Means
House of Delegates
2/20/2024
Favorable with Amendments {823729/1 Adopted
House of Delegates
2/20/2024
Second Reading Passed with Amendments
House of Delegates
2/22/2024
Third Reading Passed (138-0)
House of Delegates
2/23/2024
Referred Budget and Taxation
Senate
3/25/2024
Favorable Report by Budget and Taxation
Senate
3/26/2024
Favorable Adopted Second Reading Passed
Senate
3/27/2024
Third Reading Passed (46-0)
Senate
3/28/2024
Returned Passed
House of Delegates
5/16/2024
Approved by the Governor - Chapter 898
House of Delegates
Amendments
Favorable with Amendments 823729/1 Adopted
Favorable with Amendments 823729/1 Adopted
2/20/2024Adopted
Roll Call Votes
Third Reading Passed
3/27/2024
46
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Third Reading Passed
2/22/2024
138
Yea
0
Nay
0
Not Voting
3
Absent
Result: PASSED
Status Information
Current Status
Passed(5/16/2024)
Chamber
House of Delegates
Sine DiePrior Session
Sponsors
Democrat: 16
Republican: 2
Primary Sponsor
Lorig Charkoudian
Democrat
Co-Sponsors (17)
Dalya Attar
Democrat
Eric Ebersole
Democrat
Kris Fair
Democrat
Jessica Feldmark
Democrat
Brooke Grossman
Democrat
Shaneka Henson
Democrat
Kevin Hornberger
Republican
Bob Long
Republican
Bernice Mireku-North
Democrat
Julie Palakovich Carr
Democrat
Denise Roberts
Democrat
Joe Vogel
Democrat
Melissa Wells
Democrat
Jheanelle Wilkins
Democrat
Greg Wims
Democrat
Chao Wu
Democrat
Caylin Young
Democrat