2025 Regular SessionMaryland Legislature

SB822: Property Tax - Tax Credit for Nonprimary Residence

Legislative Summary

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.

Demographic Impact

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Bill History

2/3/2025
First Reading Budget and Taxation
Senate
2/5/2025
Hearing 3/04 at 1:00 p.m.
Senate

Status Information

Current Status
Introduced(2/3/2025)
Chamber
Senate
Committee
Budget and Taxation(Senate)

Sponsors

Republican: 1

Documents

Introduced
Bill Text2/4/2025138.8 KB