Property Tax - Homestead Property Tax Credit - First-Time Homebuyer
Hearing (House)
Summary
The bill sets the method for determining the taxable assessment used to calculate a homestead property tax credit for Maryland residents buying their first home. It defines who qualifies as a first‑time homebuyer, when the credit begins, and the circumstances that can disqualify a claim. The credit is applied by the state, counties and municipalities, starting in the 2026 tax year.
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Ask about HB 652
3 free questions a day, no accountHearings
- Ways and Means — Bill HearingWays and Means · Feb 17, 2026
History
- Hearing 2/17 at 1:00 p.m.
- First Reading Ways and Means
Sponsors
- R. Long · sponsor
- Ciliberti
- Griffith
- Hornberger
- Hutchinson
- Reilly
- Tomlinson
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