Maryland 2025 Regular Session

Maryland Senate Bill SB204 Compare Versions

Version 1 (Old)

Version 2 (New)

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		-	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	5		sb0204
9	6
10	7		SENATE BILL 204
11	8		Q1 5lr0059
12	9		(PRE–FILED) CF HB 101
13	10		By: Chair, Budget and Taxation Committee (By Request – Departmental –
14	11		Assessments and Taxation)
15	12		Requested: September 18, 2024
16	13		Introduced and read first time: January 8, 2025
17	14		Assigned to: Budget and Taxation
18		-	Committee Report: Favorable with amendments
19		-	Senate action: Adopted
20		-	Read second time: January 31, 2025
21	15
22		-	~~CHAPTER ______~~
	16	+	A BILL ENTITLED
23	17
24	18		AN ACT concerning 1
25	19
26	20		Property Tax – Deadline to Set County and Municipal Corporation Tax Rates – 2
27	21		Alteration 3
28	22
29	23		FOR the purpose of altering the deadline by which the governing body of a county or 4
30	24		municipal corporation is required to set its property tax rate for the next taxable 5
31	25		year; and generally relating to county and municipal corporation property tax rates. 6
32	26
33	27		BY repealing and reenacting, with amendments, 7
34	28		Article – Tax – Property 8
35	29		Section 6–302(a) and 6–303(a) 9
36	30		Annotated Code of Maryland 10
37	31		(2019 Replacement Volume and 2024 Supplement) 11
38	32
39	33		SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 12
40	34		That the Laws of Maryland read as follows: 13
41	35
42	36		Article – Tax – Property 14
43	37
44	38		6–302. 15
45	39
46	40		(a) Except as otherwise provided in this section and after complying with § 6–305 16
47	41		of this subtitle, in each year after the date of finality and before the following [July] JUNE 17
48		-	1 20, the Mayor and City Council of Baltimore City or the governing body of each county 18 2 SENATE BILL 204
	42	+	1, the Mayor and City Council of Baltimore City or the governing body of each county 18
	43	+	annually shall set the tax rate for the next taxable year on all assessments of property 19
	44	+	subject to that county’s property tax. 20
	45	+
	46	+	6–303. 21
	47	+	2 SENATE BILL 204
49	48
50	49
51		-	annually shall set the tax rate for the next taxable year on all assessments of property 1
52		-	subject to that county’s property tax. 2
	50	+	(a) (1) Except as provided in paragraph (2) of this subsection, in each year 1
	51	+	after the date of finality and before the following [July] JUNE 1, the governing body of each 2
	52	+	municipal corporation annually shall set the tax rate for the next taxable year on all 3
	53	+	assessments of property subject to municipal corporation property tax. 4
53	54
54		-	6–303. 3
	55	+	(2) If not otherwise prohibited by this article, the governing body of a 5
	56	+	municipal corporation may set special rates for any class of property that is subject to the 6
	57	+	municipal corporation property tax. 7
55	58
56		-	(a) (1) Except as provided in paragraph (2) of this subsection, in each year 4
57		-	after the date of finality and before the following [July] JUNE 1 20, the governing body of 5
58		-	each municipal corporation annually shall set the tax rate for the next taxable year on all 6
59		-	assessments of property subject to municipal corporation property tax. 7
60		-
61		-	(2) If not otherwise prohibited by this article, the governing body of a 8
62		-	municipal corporation may set special rates for any class of property that is subject to the 9
63		-	municipal corporation property tax. 10
64		-
65		-	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 11
66		-	1, 2025. 12
67		-
68		-
69		-
70		-
71		-	Approved:
72		-	________________________________________________________________________________
73		-	Governor.
74		-	________________________________________________________________________________
75		-	President of the Senate.
76		-	________________________________________________________________________________
77		-	Speaker of the House of Delegates.
	59	+	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 8
	60	+	1, 2025. 9