HB 559

Requiring the governing body of Baltimore County to grant a certain property tax credit to supplement the State homeowners property tax credit; providing for the calculation of the credit; prohibiting the county from granting the credit if the homeowner's combined net worth is in excess of $200,000, or the combined gross income exceeds $72,000; providing that the State Department of Assessments and Taxation is responsible for certain administrative duties; requiring the county to reimburse the Department for certain costs; etc.

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