Maryland 2024 Regular Session

Maryland House Bill HB2 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	WES MOORE, Governor Ch. 277
2	1
3		-	– 1 –
4		-	Chapter 277
5		-	(House Bill 2)
6	2
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	+	Italics indicate opposite chamber/conference committee amendments.
	9	+	hb0002
8	10
9		-	Baltimore City – Property Taxes – Authority of Counties to Establish a Subclass
10		-	and Set a Special Rate for Vacant and Abandoned Property
	11	+	HOUSE BILL 2
	12	+	Q2 (4lr0817)
	13	+	ENROLLED BILL
	14	+	— Ways and Means/Budget and Taxation —
	15	+	Introduced by Delegates Boyce, Clippinger, Conaway, and R. Lewis
11	16
12		-	FOR the purpose of authorizing the Mayor and City Council of Baltimore City or the
13		-	governing body of a county to establish, by law, a subclass of real property consisting
14		-	of certain vacant and abandoned property and to set a special property tax rate for
15		-	certain vacant and abandoned property; and generally relating to a special property
16		-	tax rate for vacant and abandoned property.
	17	+	Read and Examined by Proofreaders:
17	18
18		-	BY adding to
19		-	Article – Tax – Property
20		-	Section 6–202.1
21		-	Annotated Code of Maryland
22		-	(2019 Replacement Volume and 2023 Supplement)
	19	+	_______________________________________________
	20	+	Proofreader.
	21	+	_______________________________________________
	22	+	Proofreader.
23	23
24		-	BY repealing and reenacting, with amendments,
25		-	Article – Tax – Property
26		-	Section 6–302
27		-	Annotated Code of Maryland
28		-	(2019 Replacement Volume and 2023 Supplement)
	24	+	Sealed with the Great Seal and presented to the Governor, for his approval this
29	25
30		-	SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND,
31		-	That the Laws of Maryland read as follows:
	26	+	_______ day of _______________ at ________________________ o’clock, ________M.
32	27
33		-	Article – Tax – Property
	28	+	______________________________________________
	29	+	Speaker.
34	30
35		-	~~6–202.1.~~
	31	+	CHAPTER ______
36	32
37		-	THE MAYOR AND CITY COUNCIL OF BALTIMORE CITY OR THE GOVERNING
38		-	BODY OF A COUNTY MAY ESTABLISH, BY LAW, A SUBCLASS OF REAL P ROPERTY
39		-	CONSISTING OF VACANT LOTS OR IMPROVED PRO PERTY CITED AS VACAN T AND
40		-	UNFIT FOR HABITATION OR OTHER AUTHORIZED USE ON A HOUSING OR BUILDING
41		-	VIOLATION NOTICE .
	33	+	AN ACT concerning 1
42	34
43		-	6–302.
	35	+	Baltimore City – Property Taxes – Authority of Counties to Establish a Subclass 2
	36	+	and Set a Special Rate for Vacant and Abandoned Property 3
44	37
45		-	(a) Except as otherwise provided in this section and after complying with § 6–305
46		-	of this subtitle, in each year after the date of finality and before the following July 1, the
47		-	Mayor and City Council of Baltimore City or the governing body of each county annually Ch. 277 2024 LAWS OF MARYLAND
	38	+	FOR the purpose of authorizing the Mayor and City Council of Baltimore City or the 4
	39	+	governing body of a county to establish, by law, a subclass of real property consisting 5
	40	+	of certain vacant and abandoned property and to set a special property tax rate for 6
	41	+	certain vacant and abandoned property; and generally relating to a special property 7
	42	+	tax rate for vacant and abandoned property. 8
48	43
49		-	– 2 –
50		-	shall set the tax rate for the next taxable year on all assessments of property subject to that
51		-	county’s property tax.
	44	+	BY adding to 9
	45	+	Article – Tax – Property 10
	46	+	Section 6–202.1 11
	47	+	Annotated Code of Maryland 12
	48	+	(2019 Replacement Volume and 2023 Supplement) 13
	49	+	2 HOUSE BILL 2
52	50
53		-	(b) (1) Except as provided in subsection (c) of this section[,] AND §§ 6–305 and
54		-	6–306 of this subtitle [and § 6–203 of this title]:
55	51
56		-	(i) there shall be a single county property tax rate for all real
57		-	property subject to county property tax except for operating real property described in §
58		-	8–109(c) of this article; and
	52	+	BY repealing and reenacting, with amendments, 1
	53	+	Article – Tax – Property 2
	54	+	Section 6–302 3
	55	+	Annotated Code of Maryland 4
	56	+	(2019 Replacement Volume and 2023 Supplement) 5
59	57
60		-	(ii) the county tax rate applicable to personal property and the
61		-	operating real property described in § 8–109(c) of this article shall be no more than 2.5
62		-	times the rate for real property.
	58	+	SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 6
	59	+	That the Laws of Maryland read as follows: 7
63	60
64		-	(2) Paragraph (1) of this subsection does not affect a special rate prevailing
65		-	in a taxing district or part of a county.
	61	+	Article – Tax – Property 8
66	62
67		-	[(c) (1) Intangible personal property is subject to county property tax as
68		-	otherwise provided in this title at a rate set annually, if:
	63	+	6–202.1. 9
69	64
70		-	(i) the intangible personal property has paid interest or dividends
71		-	during the 12 months that precede the date of finality;
	65	+	THE MAYOR AND CITY COUNCIL OF BALTIMORE CITY OR THE GOVERNING 10
	66	+	BODY OF A COUNTY MAY ESTABLISH, BY LAW, A SUBCLASS OF REAL P ROPERTY 11
	67	+	CONSISTING OF VACANT LOTS OR IMPROVED PRO PERTY CITED AS VACAN T AND 12
	68	+	UNFIT FOR HABITATION OR OTHER AUTHORIZED USE ON A HOUSING OR BUILDING 13
	69	+	VIOLATION NOTICE . 14
72	70
73		-	(ii) interest or dividends were withheld on the intangible personal
74		-	property during the 12 months that precede the date of finality to avoid the tax under this
75		-	subsection;
	71	+	6–302. 15
76	72
77		-	(iii) the intangible personal property consists of newly issued bonds,
78		-	certificates of indebtedness, or evidences of debt on which interest is not in default; or
	73	+	(a) Except as otherwise provided in this section and after complying with § 6–305 16
	74	+	of this subtitle, in each year after the date of finality and before the following July 1, the 17
	75	+	Mayor and City Council of Baltimore City or the governing body of each county annually 18
	76	+	shall set the tax rate for the next taxable year on all assessments of property subject to that 19
	77	+	county’s property tax. 20
79	78
80		-	(iv) ~~a stock dividend has been declared on the intangible personal~~
81		-	~~property during the 12 months that precede the date~~ of ~~finality.~~
	79	+	(b) (1) Except as provided in subsection (c) of this section[,] AND §§ 6–305 and 21
	80	+	6–306 of this subtitle [and § 6–203 of this title]: 22
82	81
83		-	(2) The county tax rate for the intangible personal property is 30 cents for
84		-	each $100 of assessment.]
	82	+	(i) there shall be a single county property tax rate for all real 23
	83	+	property subject to county property tax except for operating real property described in § 24
	84	+	8–109(c) of this article; and 25
85	85
86		-	(C) (1) THE MAYOR AND CITY COUNCIL OF BALTIMORE CITY OR THE
87		-	GOVERNING BODY OF A COUNTY MAY SET A SPECIAL RATE FOR A VACANT LOT OR
88		-	IMPROVED PROPERTY CI TED AS VACANT AND UN FIT FOR HABITATION OR OTHER
89		-	AUTHORIZED USE ON A HOUSING OR BUILDING VIOLATION NOTICE .
	86	+	(ii) the county tax rate applicable to personal property and the 26
	87	+	operating real property described in § 8–109(c) of this article shall be no more than 2.5 27
	88	+	times the rate for real property. 28
90	89
91		-	(2) ON OR BEFORE DECEMBER 1 EACH YEAR, THE MAYOR AND CITY
92		-	COUNCIL OF BALTIMORE CITY OR THE GOVERNING BODY OF A COUNTY THA T
93		-	ENACTS A SPECIAL RAT E UNDER PARAGRAPH (1) OF THIS SU BSECTION SHALL
94		-	REPORT TO THE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT AND , WES MOORE, Governor Ch. 277
	90	+	(2) Paragraph (1) of this subsection does not affect a special rate prevailing 29
	91	+	in a taxing district or part of a county. 30
95	92
96		-	– 3 –
97		-	IN ACCORDANCE WITH § 2–1257 OF THE STATE GOVERNMENT ARTICLE, TO THE
98		-	GENERAL ASSEMBLY ON:
	93	+	[(c) (1) Intangible personal property is subject to county property tax as 31
	94	+	otherwise provided in this title at a rate set annually, if: 32
99	95
100		-	(I) THE ~~SPECIAL RATE SET UNDER PARAGRAPH (1) OF THIS~~
101		-	~~SUBSECTION~~;
	96	+	(i) the intangible personal property has paid interest or dividends 33
	97	+	during the 12 months that precede the date of finality; 34 HOUSE BILL 2 3
102	98
103		-	(II) THE NUMBER OF PROPER TIES TO WHICH THE SP ECIAL RATE
104		-	APPLIES;
105	99
106		-	(III) THE REVENUE CHANGE R ESULTING FROM THE SP ECIAL
107		-	RATE;
108	100
109		-	(IV) THE USE OF THE REVEN UE FROM THE SPECIAL RATE; AND
	101	+	(ii) interest or dividends were withheld on the intangible personal 1
	102	+	property during the 12 months that precede the date of finality to avoid the tax under this 2
	103	+	subsection; 3
110	104
111		-	(V) WHETHER PROPERTIES S UBJECT TO THE SPECIA L RATE ARE
112		-	VIABLE FOR ADAPTIVE REUSE , AS DEFINED IN § 1–102 OF THE HOUSING AND
113		-	COMMUNITY DEVELOPMENT ARTICLE, AND PLANS TO CONVERT VIABLE
114		-	PROPERTIES.
	105	+	(iii) the intangible personal property consists of newly issued bonds, 4
	106	+	certificates of indebtedness, or evidences of debt on which interest is not in default; or 5
115	107
116		-	~~SECTION 2.~~ ~~AND BE IT FURTHER ENACTED,~~ ~~That this Act shall take effect June~~
117		-	~~1, 2024,~~ ~~and shall be applicable to all taxable years beginning after June 30, 2024~~.
	108	+	(iv) a stock dividend has been declared on the intangible personal 6
	109	+	property during the 12 months that precede the date of finality. 7
118	110
119		-	Approved by the Governor, April 25, 2024.
	111	+	(2) The county tax rate for the intangible personal property is 30 cents for 8
	112	+	each $100 of assessment.] 9
	113	+
	114	+	(C) (1) THE MAYOR AND CITY COUNCIL OF BALTIMORE CITY OR THE 10
	115	+	GOVERNING BODY OF A COUNTY MAY SET A SPECIAL RATE FOR A VACANT LOT OR 11
	116	+	IMPROVED PROPERTY CI TED AS VACANT AND UN FIT FOR HABITATION O R OTHER 12
	117	+	AUTHORIZED USE ON A HOUSING OR BUILDING VIOLATION NOTICE . 13
	118	+
	119	+	(2) ON OR BEFORE DECEMBER 1 EACH YEAR, THE MAYOR AND CITY 14
	120	+	COUNCIL OF BALTIMORE CITY OR THE GOVERNING BODY OF A COUNTY THA T 15
	121	+	ENACTS A SPECIAL RAT E UNDER PARAGRAPH (1) OF THIS SUBSECTION S HALL 16
	122	+	REPORT TO THE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT A ND, 17
	123	+	IN ACCORDANCE WITH § 2–1257 OF THE STATE GOVERNMENT ARTICLE, TO THE 18
	124	+	GENERAL ASSEMBLY ON: 19
	125	+
	126	+	(I) THE SPECIAL RATE SET UNDER PARAGRAPH (1) OF THIS 20
	127	+	SUBSECTION; 21
	128	+
	129	+	(II) THE NUMBER OF PROPER TIES TO WHICH THE SP ECIAL RATE 22
	130	+	APPLIES; 23
	131	+
	132	+	(III) THE REVENUE CH ANGE RESULTING FROM THE SPECIAL 24
	133	+	RATE; 25
	134	+
	135	+	(IV) THE USE OF THE REVEN UE FROM THE SPECIAL RATE; AND 26
	136	+
	137	+	(V) WHETHER PROPERTIES S UBJECT TO THE SPECIA L RATE ARE 27
	138	+	VIABLE FOR ADAPTIVE REUSE, AS DEFINED IN § 1–102 OF THE HOUSING AND 28
	139	+	COMMUNITY DEVELOPMENT ARTICLE, AND PLANS TO CONVERT VIABLE 29
	140	+	PROPERTIES. 30
	141	+
	142	+	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June 31
	143	+	1, 2024, and shall be applicable to all taxable years beginning after June 30, 2024. 32
	144	+