EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
[Brackets] indicate matter deleted from existing law.
*hb0231*
HOUSE BILL 231
Q2 3lr1058
HB 310/22 – W&M
By: Delegates Boyce, Addison, Amprey, Attar, Bridges, Clippinger, Conaway,
Edelson, Embry, R. Lewis, Rosenberg, Smith, Wells, and Young
Introduced and read first time: January 23, 2023
Assigned to: Ways and Means
A BILL ENTITLED
AN ACT concerning 1
Baltimore City – Property Taxes – Authority to Set Special Rates 2
FOR the purpose of authorizing the Mayor and City Council of Baltimore City to set special 3
property tax rates, under certain circumstances, for any class or subclass of real 4
property that is subject to the county property tax; and generally relating to special 5
property tax rates for classes and subclasses of real property that are subject to the 6
county property tax. 7
BY repealing and reenacting, with amendments, 8
Article – Tax – Property 9
Section 6–302 10
Annotated Code of Maryland 11
(2019 Replacement Volume and 2022 Supplement) 12
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 13
That the Laws of Maryland read as follows: 14
Article – Tax – Property 15
6–302. 16
(a) Except as otherwise provided in this section and after complying with § 6–305 17
of this subtitle, in each year after the date of finality and before the following July 1, the 18
Mayor and City Council of Baltimore City or the governing body of each county annually 19
shall set the tax rate for the next taxable year on all assessments of property subject to that 20
county’s property tax. 21
(b) (1) Except as provided in subsection (c) of this section[,] AND §§ 6–305 and 22
6–306 of this subtitle [and § 6–203 of this title]: 23 2 HOUSE BILL 231
(i) there shall be a single county property tax rate for all real 1
property subject to county property tax except for operating real property described in § 2
8–109(c) of this article; and 3
(ii) the county tax rate applicable to personal property and the 4
operating real property described in § 8–109(c) of this article shall be no more than 2.5 5
times the rate for real property. 6
(2) Paragraph (1) of this subsection does not affect a special rate prevailing 7
in a taxing district or part of a county. 8
[(c) (1) Intangible personal property is subject to county property tax as 9
otherwise provided in this title at a rate set annually, if: 10
(i) the intangible personal property has paid interest or dividends 11
during the 12 months that precede the date of finality; 12
(ii) interest or dividends were withheld on the intangible personal 13
property during the 12 months that precede the date of finality to avoid the tax under this 14
subsection; 15
(iii) the intangible personal property consists of newly issued bonds, 16
certificates of indebtedness, or evidences of debt on which interest is not in default; or 17
(iv) a stock dividend has been declared on the intangible personal 18
property during the 12 months that precede the date of finality. 19
(2) The county tax rate for the intangible personal property is 30 cents for 20
each $100 of assessment.] 21
(C) IF NOT OTHERWISE PROH IBITED UNDER THIS AR TICLE, THE MAYOR 22
AND CITY COUNCIL OF BALTIMORE CITY MAY SET SPECIAL RATES FOR ANY CLASS 23
OR SUBCLASS OF REAL PROPERTY THAT IS SUB JECT TO THE COUNTY PROPERTY TAX . 24
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June 25
1, 2023, and shall be applicable to all taxable years beginning after June 30, 2023. 26