Title
AN ACT CONCERNING PROPERTY TAX CREDIT for Elderly Individuals
and Veterans for the purpose of establishing a property tax credit for certain elderly individuals and veterans.
Background
Chapter 498 of the Laws of Maryland (2016) authorized the governing body of a county to grant a property tax credit against the county property tax imposed on the dwelling of an eligible individual. An eligible individual means an individual who is at least 65 years old or an individual who is at least 65 years old and is a retired member of the uniformed services of the United States as defined in 10 U.S.C. Sec. 101, the military reserves or the National Guard; or their surviving spouse, who has not remarried. Chapter 333 of the Laws of Maryland (2019) amended the law to require that the minimum number of years that an elderly individual has to reside in the same dwelling is not to exceed 40 years. Pursuant to Section 9-258 of the Tax-Property Article of the Annotated Code of Maryland, the proposed legislation establishes a property tax credit for certain elderly individuals and veterans and provides for the amount, duration and eligibility criteria for the tax credit.
THIS BILL WAS NOT ENACTED