Property Tax – Low–Income Housing Tax Credit – Valuation of Property
Sponsor: Shelly Hettleman (District 11)Committee: Budget and TaxationSubject: Taxes - PropertyStatus: Approved by the Governor - Chapter 68 (as of Dec 1, 2025)
What this bill does
Official synopsis
Requiring the Department of Housing and Community Development to notify the State Department of Assessments and Taxation, within 30 days of closing and the execution and delivery of a certain regulatory agreement, that a commercial property that is developed under a certain provision of federal law has been awarded a low-income tax credit; and applying the Act to all taxable years beginning after June 30, 2025.
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Testimony (0)
MGA witness listFAV 11FavorableFWA 1Favorable with amendmentsUNF 1Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Davis, Mary Claire | AHC Greater Baltimore | Oral |
| FAV | Wilson Randall, Claudia | Community Development Network of Maryland | Written (PDF) |
| FAV | Ayd, Thomas | Green Street Housing | Oral |
| FAV | Hettleman, Shelly | MGA- Senator Hettleman | Written (PDF) |
| FAV | Hettleman, Shelly | MGA- Senator Hettleman | Written (PDF) |
| FAV | Coale, Tomlobbyist | PWRJ | Oral |
| FAV | Greenfield, Aaronlobbyist | Individual | Written (PDF) |
| FAV | Greenfield, Aaronlobbyist | Individual | Written (PDF) |
| FAV | Senator Hettleman, Senator Hettlemanlegislator | Individual | Oral |
| FAV | Senator Hettleman, Senator Hettlemanlegislator | Individual | Oral |
| FAV | Willems, Miranda | Individual | Written (PDF) |
| UNF | Wieland, Tom | Ritchie Pharmacy , Brooklyn Park, Md. | Position only |
| FWA | McGee, Christalobbyist | Maryland Realtors | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVCoale, TomPWRJRegistered for: Advantage Capital; Authorium; Baltimore Orioles; CI Renewables; City of Annapolis; Ecphora Capital…
FAVGreenfield, AaronRegistered for: BTS Bioenergy; Baltimore Area Council Boy Scouts of America, Inc.; Embassy of Japan; Ernst & Young, LLP; FEi Systems; Goodwill Industries of the Chesapeake…
FAVGreenfield, AaronRegistered for: BTS Bioenergy; Baltimore Area Council Boy Scouts of America, Inc.; Embassy of Japan; Ernst & Young, LLP; FEi Systems; Goodwill Industries of the Chesapeake…
FWAMcGee, ChristaMaryland RealtorsRegistered for: Maryland REALTORS; Maryland Association of Realtors