MD HB1285

Baltimore County must grant a property tax credit supplementing the State Homeowners Property Tax Credit for eligible homeowners

Credit calculated on dwelling assessments up to $300,000, with homeowners paying 0% of first $18,000 combined income, 6.5% of next $4,000, and 9% of income over $22,000

Homeowners are ineligible if combined net worth exceeds $200,000 or combined gross income exceeds $72,000

State Department of Assessments and Taxation handles application processing and eligibility determinations, with Baltimore County reimbursing administrative costs

Effective June 1, 2025, applicable to taxable years beginning after June 30, 2025