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MD HB1332
Bill
Status
Introduced
2/7/2025
Primary Sponsor
Lily Qi
Click for details
AI Summary
- Exempts property owned by Glenstone Foundation, Inc. from Maryland property tax when used exclusively for qualifying purposes
- Qualifying uses include storage of art, art handling equipment, or exhibition supplies
- Gardens, meadows, wildlife habitats, or forest preserves supporting environmental conservation also qualify for the exemption
- Housing for essential museum employees (caretakers, security personnel, conservators) is included in the exemption
- Effective June 1, 2025, applicable to taxable years beginning after June 30, 2025
Legislative Description
Property Tax - Exemption - Glenstone Foundation, Inc.
Exemptions
Last Action
Hearing 2/26 at 1:00 p.m.
2/10/2025
Committee Referrals
Ways and Means2/7/2025
Full Bill Text
No bill text available