MD HB389

Personal property used in connection with registered large family child care homes located at an individual's residence is exempted from property tax valuation and taxation

Maximum property tax credit for day care centers, child care homes, and child care centers increases from $3,000 to $10,000 annually

Removes the requirement that real property improvements to day care or child care centers be completed after July 1, 1987 (or July 1, 1988 for business-owned properties) to qualify for property tax credits

Baltimore City, counties, and municipal corporations are authorized to grant property tax credits for real property used for large family child care homes

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