SB0427

Property Taxes - Authority of Counties to Establish a Subclass and Set a Special Rate for Personal Property of Data Centers

Authorizing the Mayor and City Council of Baltimore City or the governing body of a county to establish, by law, a subclass of personal property consisting of all the personal property of certain qualified data centers and set a special personal property tax rate for the subclass; and applying the Act to all taxable years beginning after June 30, 2026.

Basic Information

Status
Chaptered
Session
2026 Regular Session
Type
Unknown
Cross-filed
HB1595

Links

LegiScan URL
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Upcoming Events

Hearing
February 18, 2026 at 13:00
📍 Budget and Taxation
Hearing - Budget and Taxation Committee

Sponsors

Lewis Young