← All regulatory updates

state_legiscan_drain · MD

Property Tax Credit - Retail Service Station Conversions

September 10, 2025

Summary

If enacted, this bill would authorize local governments in Maryland to grant property tax credits for converting retail service stations to other uses, contingent on proper closure of underground storage tanks. This would affect property owners and local governments, with no direct impact on mortgage lending or consumer finance.

Source: https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0058?ys=2026RS

Common questions

What does "Property Tax Credit - Retail Service Station Conversions" cover?
If enacted, this bill would authorize local governments in Maryland to grant property tax credits for converting retail service stations to other uses,…
When was it published?
It was published on September 10, 2025.

Get the free weekly digest

Every mortgage regulatory change, summarized, in your inbox. No account needed.