MD HB1330

Freezes assessed values of residential real property in Baltimore County for taxable years beginning after June 30, 2025 through July 1, 2027, including phased-in values

Allows assessment increases during the moratorium only for: owner-initiated zoning changes, change in use or character, improvements adding at least $100,000 in value, calculation errors, termination of residential use assessment, or subdivision

Requires the State Department of Assessments and Taxation to hire an independent third party to study and recommend improvements to its residential property assessment practices and methodology

Mandates a report to the Governor and General Assembly by December 1, 2026 on the study findings and actions taken or planned to implement recommendations

Takes effect June 1, 2025