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HB 1273·MD·house

Maryland Homeowner Protection and Homestead Tax Credit Portability Act of 2026

FailedFiled Feb 12, 2026
Sponsor: Miller
Latest Action

Hearing (House)

Mar 3, 2026

Summary

The bill caps the homestead tax credit at 105% for state, county, municipal and bicounty property taxes, down from the current 110% maximum. It also lets homeowners who sell one residence and buy another transfer part of their credit, subject to a $500,000 assessment limit on the new home. The changes aim to standardize credit rates and protect homeowners who relocate.

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Hearings

History

  1. Hearing 3/03 at 1:00 p.m.
  2. First Reading Ways and Means

Sponsors

  • Miller · sponsor

Bill text

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