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MD SB501

Bill

Official Source

Status

Engrossed

3/5/2026

Primary Sponsor

Washington County Senators

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Washington County and municipal corporations within the county must grant a 100% property tax credit on real property owned by Platoon 22, Incorporated that is used to provide housing to veterans

  • The tax credit applies to both county and municipal corporation property taxes

  • Takes effect June 1, 2026, and applies to all taxable years beginning after June 30, 2026

  • Adds new subsection 9-323(h) to the Maryland Tax-Property Article

Legislative Description

Washington County - Property Tax Credit - Platoon 22, Incorporated

Municipal Corporations

Last Action

Hearing 3/24 at 1:00 p.m.

3/16/2026

Committee Referrals

Ways and Means3/6/2026
Budget and Taxation2/2/2026

Full Bill Text

No bill text available