Title
AN ACT CONCERNING SUPPLEMENTAL PROPERTY TAX CREDIT for the purpose of establishing a tax credit for real property.
Background
Pursuant to Section 9-104 of the Tax-Property Article of the Annotated Code of Maryland, the proposed legislation establishes a property tax credit for those households between the combined gross income of $60,001 and $70,000. The households that fall within $60,001 and $70,000 will receive a County credit for the education real property tax; provided they meet all other tax credit eligibility as mandated by the State.