Calvert County - Personal Property Tax - Exemption

HB 1160 exempts most business equipment from Calvert County's personal property tax, directly affecting businesses that purchase new equipment. It specifically exempts operating equipment for most businesses but continues taxing railroad property, telecom infrastructure (like cell towers), and electronic bingo machines. The bill also requires Calvert County to enter a payment-in-lieu agreement with qualified data centers for the exemption to apply, and the law only takes effect if the county submits this agreement to the state by June 30, 2030. If not submitted by that date, the bill becomes null and void.