State
Maryland
Year
2015
Variations in Receipt of Benefit
No Variation in Receipt of Benefits
Benefit Type
Deferral
Benefit
These deferral programs are available to several counties and eligibility groups. However, they all share the same benefit structure in that Baltimore City and each county and municipal corporation determine the eligibility requirements and the provisions of the deferral.
How is Benefit Disbursed
Other
Eligible Property Type
Residential
Characteristics of Eligible Property
Only residential property is eligible for this program. In Prince George's, Howard and Baltimore Counties the property cannot exceed 5 acres.
Eligibility Criteria
Age
Other Criteria
Description of Eligibility Criteria
Local governments establish the requirements for the deferral, and other provisions of the program. In Washington County, at least one of the owners must be 65 years old, and must have resided in the residence for at least 5 consecutive years.
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
The state statute is silent on this.
Record ID
MD102_R15