← 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 a property tax credit for converting former retail service stations to other uses, provided underground storage tanks are permanently closed. The credit applies to taxable years beginning after June 30, 2026.

Source: https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0161?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 a property tax credit for converting former retail service stations to other…
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.