A bill from state Del. Kris Fair (D-3) would enable Maryland’s 23 counties and the city of Baltimore to establish special tax rates for different categories of real property. Under the current state law, county jurisdictions are authorized to set a single tax rate for all real property. For fiscal year 2024, Frederick County’s property tax rate was set at $1.06 per $100 of assessed value. If enacted, HB919 would grant county jurisdictions the authority to set a special tax rate of up to 12.5 cents per $100 of assessed value for six different categories of real property, including:
