MD
Maryland Senate Bill SB901

Maryland 2022 Regular Session

Maryland Senate Bill SB901 Compare Versions

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1- LAWRENCE J. HOGAN, JR., Governor Ch. 268
21
3-– 1 –
4-Chapter 268
5-(Senate Bill 901)
62
7-AN ACT concerning
3+EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
4+ [Brackets] indicate matter deleted from existing law.
5+ Underlining indicates amendments to bill.
6+ Strike out indicates matter stricken from the bill by amendment or deleted from the law by
7+amendment.
8+ *sb0901*
89
9-Property Tax – Elderly Individuals and Veterans Tax Credit – Amount and
10-Duration
10+SENATE BILL 901
11+Q1 2lr2070
1112
12-FOR the purpose of authorizing the Mayor and City Council of Baltimore City or the
13-governing body of a county or municipal corporation to determine the amount and
14-duration of a certain tax credit against the county or municipal corporation property
15-tax imposed on the dwelling of certain elderly individuals and veterans; and
16-generally relating to a property tax credit for elderly individuals and veterans.
13+By: Senator Hershey Senators Hershey, Eckardt, and Hester
14+Introduced and read first time: February 7, 2022
15+Assigned to: Budget and Taxation
16+Committee Report: Favorable with amendments
17+Senate action: Adopted with floor amendments
18+Read second time: March 16, 2022
1719
18-BY repealing and reenacting, with amendments,
19- Article – Tax – Property
20-Section 9–258
21- Annotated Code of Maryland
22- (2019 Replacement Volume and 2021 Supplement)
20+CHAPTER ______
2321
24- SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND,
25-That the Laws of Maryland read as follows:
22+AN ACT concerning 1
2623
27-Article – Tax – Property
24+Property Tax – Elderly Individuals and Veterans Tax Credit – Amount and 2
25+Duration 3
2826
29-9–258.
27+FOR the purpose of authorizing the Mayor and City Council of Baltimore City or the 4
28+governing body of a county or municipal corporation to determine the amount and 5
29+duration of a certain tax credit against the county or municipal corporation property 6
30+tax imposed on the dwelling of certain elderly individuals and veterans; and 7
31+generally relating to a property tax credit for elderly individuals and veterans. 8
3032
31- (a) (1) In this section the following words have the meanings indicated.
33+BY repealing and reenacting, with amendments, 9
34+ Article – Tax – Property 10
35+Section 9–258 11
36+ Annotated Code of Maryland 12
37+ (2019 Replacement Volume and 2021 Supplement) 13
3238
33- (2) “Dwelling” has the meaning stated in § 9–105 of this title.
39+ SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 14
40+That the Laws of Maryland read as follows: 15
3441
35- (3) “Eligible individual” means:
42+Article – Tax – Property 16
3643
37- (i) an individual who is at least 65 years old;
44+9–258. 17
3845
39- (ii) an individual who is at least 65 years old and is a retired member
40-of the uniformed services of the United States as defined in 10 U.S.C. § 101, the military
41-reserves, or the National Guard;
46+ (a) (1) In this section the following words have the meanings indicated. 18
4247
43- (iii) a surviving spouse, who is at least 65 years old and has not
44-remarried, of a retired member of the uniformed services of the United States as defined in
45-10 U.S.C. § 101, the military reserves, or the National Guard;
48+ (2) “Dwelling” has the meaning stated in § 9–105 of this title. 19 2 SENATE BILL 901
4649
47- (iv) an individual who:
48- Ch. 268 2022 LAWS OF MARYLAND
4950
50-– 2 –
51- 1. is an active duty, retired, or honorably discharged member
52-of the uniformed services of the United States as defined in 10 U.S.C. § 101, the military
53-reserves, or the National Guard; and
5451
55- 2. has a service–connected disability as defined in a local law
56-enacted under subsection (d) of this section; or
52+ (3) “Eligible individual” means: 1
5753
58- (v) a surviving spouse of an individual described under item (iv) of
59-this paragraph who has not remarried.
54+ (i) an individual who is at least 65 years old; 2
6055
61- (b) The Mayor and City Council of Baltimore City or the governing body of a
62-county or municipal corporation may grant, by law, a property tax credit under this section
63-against the county or municipal corporation property tax imposed on the dwelling of an
64-eligible individual.
56+ (ii) an individual who is at least 65 years old and is a retired member 3
57+of the uniformed services of the United States as defined in 10 U.S.C. § 101, the military 4
58+reserves, or the National Guard; 5
6559
66- (c) [The property tax credit allowed under this section may:
60+ (iii) a surviving spouse, who is at least 65 years old and has not 6
61+remarried, of a retired member of the uniformed services of the United States as defined in 7
62+10 U.S.C. § 101, the military reserves, or the National Guard; 8
6763
68- (1) not exceed 20% of the county or municipal corporation property tax
69-imposed on the property; and
64+ (iv) an individual who: 9
7065
71- (2) be granted for a period of up to 5 years.
66+ 1. is an active duty, retired, or honorably discharged member 10
67+of the uniformed services of the United States as defined in 10 U.S.C. § 101, the military 11
68+reserves, or the National Guard; and 12
7269
73- (d)] The Mayor and City Council of Baltimore City or the governing body of a
74-county or municipal corporation may provide, by law, for:
70+ 2. has a service–connected disability as defined in a local law 13
71+enacted under subsection (d) of this section; or 14
7572
76- (1) THE AMOUNT AND DURAT ION OF THE PROPERTY TAX CREDIT
77-UNDER THIS SECTION ;
73+ (v) a surviving spouse of an individual described under item (iv) of 15
74+this paragraph who has not remarried. 16
7875
79- [(1)] (2) the maximum assessed value of a dwelling that is eligible for the
80-tax credit under this section;
76+ (b) The Mayor and City Council of Baltimore City or the governing body of a 17
77+county or municipal corporation may grant, by law, a property tax credit under this section 18
78+against the county or municipal corporation property tax imposed on the dwelling of an 19
79+eligible individual. 20
8180
82- [(2)] (3) the minimum number of years, not to exceed 40 years, that an
83-eligible individual not described under subsection (a)(3)(ii), (iii), or (iv) of this section must
84-have resided in the same dwelling;
81+ (c) [The property tax credit allowed under this section may: 21
8582
86- [(3)] (4) criteria that define a service–connected disability of an eligible
87-individual described under subsection (a)(3)(iv) of this section;
83+ (1) not exceed 20% of the county or municipal corporation property tax 22
84+imposed on the property; and 23
8885
89- [(4)] (5) additional eligibility criteria for the tax credit under this section;
86+ (2) be granted for a period of up to 5 years. 24
9087
91- [(5)] (6) regulations and procedures for the application and uniform
92-processing of requests for the tax credit; and
88+ (d)] The Mayor and City Council of Baltimore City or the governing body of a 25
89+county or municipal corporation may provide, by law, for: 26
9390
94- [(6)] (7) any other provision necessary to carry out the tax credit under
95-this section. LAWRENCE J. HOGAN, JR., Governor Ch. 268
91+ (1) THE AMOUNT AND DURAT ION OF THE PROPERTY TAX CREDIT 27
92+UNDER THIS SECTION ; 28
9693
97-– 3 –
94+ [(1)] (2) the maximum assessed value of a dwelling that is eligible for the 29
95+tax credit under this section; 30
96+ SENATE BILL 901 3
9897
99- SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June
100-1, 2022, and shall be applicable to all taxable years beginning after June 30, 2022.
10198
102-Approved by the Governor, May 12, 2022.
99+ [(2)] (3) the minimum number of years, not to exceed 40 years, that an 1
100+eligible individual not described under subsection (a)(3)(ii), (iii), or (iv) of this section must 2
101+have resided in the same dwelling; 3
102+
103+ [(3)] (4) criteria that define a service–connected disability of an eligible 4
104+individual described under subsection (a)(3)(iv) of this section; 5
105+
106+ [(4)] (5) additional eligibility criteria for the tax credit under this section; 6
107+
108+ [(5)] (6) regulations and procedures for the application and uniform 7
109+processing of requests for the tax credit; and 8
110+
111+ [(6)] (7) any other provision necessary to carry out the tax credit under 9
112+this section. 10
113+
114+ SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June 11
115+1, 2022, and shall be applicable to all taxable years beginning after June 30, 2022. 12
116+
117+
118+
119+
120+Approved:
121+________________________________________________________________________________
122+ Governor.
123+________________________________________________________________________________
124+ President of the Senate.
125+________________________________________________________________________________
126+ Speaker of the House of Delegates.