Property Tax - Special Use Assessment of Country Clubs and Golf Courses - Repeal

HB 874 repeals Maryland's special property tax assessment for country clubs and golf courses, removing a dedicated tax subclass from the state's property tax code. This bill affects property owners of country clubs and golf courses by ending their previous special tax rate under Sections 8-212 through 8-218 of Maryland's tax law. The bill modifies the property tax classification system (Section 8-101(b)) to delete the specific subclass for these properties, meaning they will now be taxed under standard property tax rules. The repeal takes effect June 1, 2025, applying to all taxable years beginning after June 30, 2025.