MD HB390 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 16 2025 - 25% progression
Action: 2025-01-18 - Hearing 2/04 at 1:00 p.m. (Ways and Means)
Pending: House Ways and Means Committee
Hearing: Feb 4 @ 1:00 pm House Ways and Means Hearing
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 16 2025 - 25% progression
Action: 2025-01-18 - Hearing 2/04 at 1:00 p.m. (Ways and Means)
Pending: House Ways and Means Committee
Hearing: Feb 4 @ 1:00 pm House Ways and Means Hearing
Text: Latest bill text (Introduced) [PDF]
Summary
Authorizing an owner of real property used for rental housing and the governing body of a county to enter into a payment in lieu of taxes agreement for maintaining at least 50% of the rental housing units located at the real property as affordable dwelling units for at least 15 years; and applying the Act to all taxable years beginning after June 30, 2025.
Title
Affordable Housing Payment In Lieu of Taxes Expansion Act
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-18 | House | Hearing 2/04 at 1:00 p.m. (Ways and Means) |
| 2025-01-16 | House | First Reading Ways and Means and Environment and Transportation |
Same As/Similar To
SB327 (Crossfiled) 2025-01-15 - Hearing 1/29 at 10:30 a.m.
Subjects
Baltimore City
Counties
Housing
Housing and Community Development
Landlords and Tenants
Leases and Rent
Low-Income
Property Tax
Real Property
Taxes - Property
Time
Counties
Housing
Housing and Community Development
Landlords and Tenants
Leases and Rent
Low-Income
Property Tax
Real Property
Taxes - Property
Time
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - Property | 7 | 522 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0390?ys=2025RS |
| Text | https://mgaleg.maryland.gov/2025RS/bills/hb/hb0390f.pdf |
