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HB 826

Property Tax - Residential Real Property - Moratorium on Assessment Increases

2026 Regular Session Introduced by Lauren Arikan and 9 co-sponsors

HB 826 would freeze residential property tax assessment increases in Maryland, providing homeowner relief but potentially reducing local government revenue for schools and services.

Hearing 2/24 at 1:00 p.m.
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WeVote Research Nonpartisan
Bill Summary · HB 826

Legislative bill overview

HB 826 proposes a moratorium on increases to property tax assessments for residential real property in Maryland. The bill would temporarily freeze or limit how much assessed property values can increase for homeowners, preventing automatic assessment hikes during the moratorium period. This addresses concerns about rising property taxes driven by inflated home valuations.

Why is this important

Property tax assessments directly determine how much homeowners pay annually in taxes. As housing markets appreciate, assessments often increase significantly, raising tax burdens—particularly affecting fixed-income residents, seniors, and those in rapidly gentrifying areas. A moratorium could provide financial relief and predictability for homeowners but may create fiscal challenges for local governments dependent on property tax revenue.

Potential points of contention

  • Local government funding impact: County and municipal governments rely heavily on property tax revenue for schools, infrastructure, and services. A moratorium could reduce available funds without alternative revenue sources identified.
  • Fairness and equity questions: A freeze may benefit longtime homeowners while potentially disadvantaging new buyers who face full assessments, and could create market distortions between similarly-situated properties.
  • Implementation details: The bill's specific terms—moratorium length, assessment caps, exemptions—are unclear and will determine practical effects on both taxpayers and public services.

Compiled from official sources — confirm details with the bill’s official record.

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