Local Option Property Tax Deferral

State

Maryland

Year

2022

Variations in Receipt of Benefit

No Variation in Receipt of Benefits

Benefit Type

Deferral

Benefit

Eligible applicants may defer their property taxes for residential property in counties and municipal corporations that have authorized and set regulations for deferrals. The deferral becomes a lien against the property. Counties and municipal corporations may not charge penalties during the period of deferral. Any mortgage or beneficiary under a deed of trust must be notified of the amount of the deferral.

How is Benefit Disbursed

Other

Eligible Property Type

Residential

Characteristics of Eligible Property

Only residential property is eligible for this program.

Eligibility Criteria

Age

Disability

Homeowner

Income Ceiling

Principal Residence

Other Criteria

Description of Eligibility Criteria

The applicant must own and occupy the property as their principal residence. At least one owner must have resided in the property for at least five consecutive years and meet the income eligibility requirements set by the county or municipal corporation. At least one owner must be at least 65 years old or older (62 in Anne Arundel County and 70 in Prince George's County), or be permanently and totally disabled. The age requirement does not apply in Montgomery County. Charles County can specify its own age eligibility requirement. In Prince George's County, the income limit is set by the state statute at $45,000.

Local Option in Adoption of Program

Local government must take action to opt in

Local Option Regarding Program Features

Local option regarding program features

State Funding for Local Tax Loss

Local government covers all of its tax loss

Description of State Funding for Tax Loss

No state funding is specifically made available for tax loss.

Record ID

MD102_R22

Footnotes

Prince George's County is required to "establish and promote a countywide public information, awareness, and education campaign on the property tax deferral." The deferred tax is due when the eligible applicant dies or ownership of the property is transferred.

Sources

Md. Code, Tax-Property § 10-201;
Md. Code, Tax-Property § 10-203 ~ § 10-204.7 (in effect for 2022)
Prince George's County, Office of Finance Treasury Division, Application for Tax Deferral for Elderly or Disabled
[https://www.princegeorgescountymd.gov/DocumentCenter/View/10230/Application-for-Tax-Deferral-PDF Accessed 11/15/2023]
View Archived Source
Maryland Department of Assessments and Taxation, A Homeowner's Guide to Property Taxes and Assessments
[http://dat.maryland.gov/realproperty/pages/HomeOwners-Guide.aspx Accessed 11/15/2023]
View Archived Source

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