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HB 738

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Property Tax - Credit for Longtime Residents to Offset Property Tax Rate Increase

Sponsor: Ric Metzgar (District 6)Committee: Ways and MeansSubject: Taxes - PropertyStatus: Hearing 2/22 at 1:00 p.m. (as of Nov 15, 2022)

What this bill does

Official synopsis

Authorizing the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation to grant, by law, a certain property tax credit against the county or municipal property tax imposed on a dwelling owned by an individual who is at least 60 years old, has resided in the dwelling for 30 consecutive years, and whose combined income does not exceed $75,000; and applying the Act to all taxable years beginning after June 30, 2022.

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Testimony (1)

MGA witness list
FAV 1Favorable
PositionWitnessOrganizationTestimony
FAVDelegate Metzgar, Delegate MetzgarlegislatorIndividualOral