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MD HB416

Bill

Official Source

Status

Introduced

1/16/2025

Primary Sponsor

Unknown

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Prince George's County's charter-based tax limitations (caps on maximum property tax rates or revenue growth) will not apply to special property tax rates set on vacant and abandoned properties
  • The county may set higher tax rates on vacant lots or improved properties cited as vacant and unfit for habitation on housing or building violation notices
  • Jurisdictions using this special rate authority must report annually by December 1 to the Department of Housing and Community Development and General Assembly on the rate, number of affected properties, revenue impact, and plans for adaptive reuse
  • Effective June 1, 2025, applicable to taxable years beginning after June 30, 2025

Legislative Description

Prince George's County - Special Rate for Vacant and Abandoned Property - Application of County Tax Limitation PG 412-25

Property Tax

Last Action

Withdrawn by Sponsor

3/4/2025

Committee Referrals

Ways and Means1/16/2025

Full Bill Text

No bill text available