Maryland Governor Signs Law Amending Eligibility Criteria of Property Tax Credit for Elderly Individuals

The Maryland Governor April 30 signed a law relating to a credit available against the county or municipal corporation property tax for elderly individuals. The law includes measures: 1) altering an eligibility criteria of the credit by removing the requirement that the individual must have lived in the same dwelling for at least the preceding 40 years; and 2) authorizing the Mayor and City Council of Baltimore City or the governing body of a county or municipality to provide the minimum number of years, not exceeding 40 years, that an elderly individual must live in the same dwelling for credit ...