Maryland 2025 Regular Session

Maryland House Bill HB1330 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1
2	2
3	3	EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
4	4	[Brackets] indicate matter deleted from existing law.
5	5	hb1330
6	6
7	7	HOUSE BILL 1330
8	8	Q2 5lr2434
9	9
10	10	By: Delegate R. Long
11	11	Introduced and read first time: February 7, 2025
12	12	Assigned to: Ways and Means
13	13
14	14	A BILL ENTITLED
15	15
16	16	AN ACT concerning 1
17	17
18	18	Baltimore County – Residential Real Property – Moratorium on Assessment 2
19	19	Increases and Review of Assessment Practices and Methodology 3
20	20
21	21	FOR the purpose of prohibiting, for certain taxable years, an increase of the assessed value 4
22	22	of residential real property in Baltimore County except under certain circumstances; 5
23	23	requiring the State Department of Assessments and Taxation to retain an 6
24	24	independent third party to study and make certain recommendations regarding the 7
25	25	residential real property assessment practices and methodology of the Department; 8
26	26	requiring the Department to report, on or before a certain date, the results of the 9
27	27	study and certain actions taken or to be taken by the Department; and generally 10
28	28	relating to residential real property tax. 11
29	29
30	30	SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 12
31	31	That: 13
32	32
33	33	(a) (1) In this section the following words have the meanings indicated. 14
34	34
35	35	(2) “Phased in value” has the meaning stated in § 8–103 of the Tax – 15
36	36	Property Article. 16
37	37
38	38	(3) “Subdivision” has the meaning stated in § 8–104 of the Tax – Property 17
39	39	Article. 18
40	40
41	41	(b) Notwithstanding any other provision of law, for a taxable year beginning after 19
42	42	June 30, 2025, but before July 1, 2027, the assessed value of residential real property in 20
43	43	Baltimore County, including the phased in value of the residential real property, may not 21
44	44	be increased over the prior value unless: 22
45	45
46	46	(1) the zoning classification is changed at the initiative of the owner or 23
47	47	anyone having an interest in the property; 24
48	48	2 HOUSE BILL 1330
49	49
50	50
51	51	(2) a change in use or character occurs; 1
52	52
53	53	(3) substantially completed improvements are made, which add at least 2
54	54	$100,000 in value to the property; 3
55	55
56	56	(4) an error in calculation or measurement of the real property caused the 4
57	57	value to be erroneous; 5
58	58
59	59	(5) a residential use assessment is terminated in accordance with § 8–226 6
60	60	of the Tax – Property Article; or 7
61	61
62	62	(6) a subdivision occurs. 8
63	63
64	64	(c) On or before December 1, 2026, the State Department of Assessments and 9
65	65	Taxation shall: 10
66	66
67	67	(1) retain an independent third party to: 11
68	68
69	69	(i) study the residential real property assessment practices and 12
70	70	methodology of the Department; and 13
71	71
72	72	(ii) recommend any alterations to the assessment practices and 14
73	73	methodology necessary to ensure the Department utilizes best practices when assessing 15
74	74	residential real property; and 16
75	75
76	76	(2) report to the Governor and, in accordance with § 2–1257 of the State 17
77	77	Government Article, the General Assembly on the findings and recommendations of the 18
78	78	study described under item (1) of this subsection and actions taken or to be taken by the 19
79	79	Department to implement the recommendations of the independent third party. 20
80	80
81	81	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June 21
82	82	1, 2025. 22