MACo Supports Homeowners’ Property Tax Credit Changes With Local Guardrails
On March 3, Legislative Director Kevin Kinnally testified before the Ways and Means Committee in support of HB 1308 - Homeowners' Property Tax Credit - Eligibility and Calculation - Alterations with amendments. This bill increases the assessed-value cap, income brackets, and net-worth and gross-income limits under the State Homeowners’ Property Tax Credit. Counties support expanding property tax relief for Maryland homeowners facing rising costs, but changes to the State Homeowners’ Property Tax Credit must not…