Maryland Senate bill in Session 2026.
Status: introduced. Latest action: May 15, 2026.
Personal Property Tax - Exemptions for Low Assessment - Alteration.
Altering exemptions from the personal property tax for business personal property that has a total original cost below $20,000 by repealing provisions of law that prohibit the State Department of Assessments and Taxation from collecting information or requiring the submission of a personal property tax return from certain businesses that qualify for the exemptions; and applying the Act to all taxable years beginning after June 30, 2026.
| Date | Event | Detail |
|---|---|---|
| 2026-01-14 | Introduced | Bill introduced |
| 2026-01-14 | Status | introduced |
| 2026-05-15 | Latest Action | In the Senate - Hearing 1/21 at 10:00 a.m. |