Baltimore County - Homestead Property Tax Credit - Individuals at Least 65 Years Old

HB 1546 modifies Baltimore County's homestead property tax credit to provide a 100% credit rate for homeowners aged 65 or older, instead of the standard 110% rate applied elsewhere in Maryland. This change directly affects Baltimore County residents who are 65+ and submit applications for the tax credit, requiring them to check a box confirming their age in the application process. The bill updates the calculation method under Maryland law to set this specific 100% rate for eligible seniors in Baltimore County for State, county, and municipal property taxes. The policy takes effect June 1, 2026, applying to taxable years beginning after June 30, 2026.