Baltimore County - Property Tax - Homeowners Property Tax Credit

This bill requires Baltimore County to provide a supplemental property tax credit for homeowners, building on Maryland's existing state-level homeowners credit. It calculates the credit based on household income (0% on the first $18,000, 6.5% on the next $4,000, and 9% on income over $22,000) but excludes homeowners with combined income exceeding $72,000 or net worth over $200,000 in the applicable year. The State Department of Assessments and Taxation will handle application processing and eligibility determination, while Baltimore County must reimburse the state for administrative costs. The credit applies to tax years beginning after June 30, 2025.