# Maryland SB 0598: Property Tax – Low–Income Housing Tax Credit – Valuation of Property

Maryland SB 0598, Property Tax – Low–Income Housing Tax Credit – Valuation of Property, is a 2025 Regular Session Senate bill sponsored by Shelly Hettleman (Democratic); status signed, last action 2025-04-08 (Approved by the Governor - Chapter 68) (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/MD-SB0598-2025RS
- As of: 2026-10-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland SB 0598
- State: Maryland
- Session: 2025 Regular Session
- Title: Property Tax – Low–Income Housing Tax Credit – Valuation of Property
- Status: signed
- Chamber: Senate
- Introduced: 2025-01-27
- Last action: 2025-04-08, Approved by the Governor - Chapter 68
- Sponsor: Shelly Hettleman (Democratic)
- Cosponsors: 0
- Subjects: Taxes - Property, Assessments -see also- Property Tax, Commercial Property, Counties -see also- Chartered Counties; Code Counties; etc., Housing and Community Development, Department of, Housing -see also- Apartments; Condos; Mobile & Manuf Homes, Low-Income, Property Tax, Residential Property -see also- Apartments; Condominiums, Tax Credits
- Touches household money: no
- Roll calls: 2 (169 yes, 15 no in all)
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- New property tax rules for affordable housing: mixed, low. Maryland changes property tax valuation rules for commercial housing developed with federal low-income housing tax credits. The law takes effect June 1, 2025, and applies to taxable years beginning after June 30, 2025. Assessors must consider rent limits, affordability rules, and related restrictio…

## Sponsors and cosponsors

- Sponsor: Shelly Hettleman (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-03 | House | Third Reading Passed | pass | 122 | 15 | 1 |
| 2025-03-12 | Senate | Third Reading Passed | pass | 47 | 0 |   |

## Actions (23)

- 2025-04-08: Approved by the Governor - Chapter 68
- 2025-04-04: Returned Passed (Senate)
- 2025-04-03: Third Reading Passed (122-15) (House)
- 2025-04-02: Favorable Adopted Second Reading Passed (House)
- 2025-04-02: Favorable Report by Ways and Means (House)
- 2025-03-26: Hearing 3/26 at 2:15 p.m. (House)
- 2025-03-26: Hearing canceled (House)
- 2025-03-25: Hearing 3/26 at 1:00 p.m. (House)
- 2025-03-25: Hearing canceled (House)
- 2025-03-17: Hearing 3/25 at 1:00 p.m. (House)
- 2025-03-13: Referred Ways and Means (House)
- 2025-03-12: Third Reading Passed (47-0) (Senate)
- 2025-03-11: Second Reading Passed with Amendments (Senate)
- 2025-03-11: Favorable with Amendments {793723/1 Adopted (Senate)
- 2025-03-10: Favorable with Amendments Report by Budget and Taxation (Senate)
- 2025-02-11: Hearing 2/12 at 1:00 p.m. (Senate)
- 2025-02-11: Hearing canceled (Senate)
- 2025-02-11: Hearing 2/12 at 1:05 p.m. (Senate)
- 2025-02-11: Hearing canceled (Senate)
- 2025-02-06: Hearing 2/12 at 1:00 p.m. (Senate)
- 2025-02-06: Hearing canceled (Senate)
- 2025-01-30: Hearing 2/19 at 1:00 p.m. (Senate)
- 2025-01-27: First Reading Budget and Taxation (Senate)

## Bill text

- Enacted, 2025-04-08: [PDF](https://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_68_sb0598t.pdf)
- Third Reading, 2025-03-11: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0598t.pdf)
- First Reading, 2025-01-27: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0598f.pdf)

## Related bills

- SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions (vetoed)
- HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination Review Process (vetoed)
- HB 0384: Maryland Disability Service Animal Program - Established (vetoed)
- SB 0157: Maryland Disability Service Animal Program - Established (vetoed)
- HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization (became law)
- HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard (signed)

## Sources
- [Enacted (PDF)](https://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_68_sb0598t.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0598t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0598f.pdf)

## Related
- [SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions](https://policyrisk.com/state-bill/MD-SB0227-2025RS)
- [HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination…](https://policyrisk.com/state-bill/MD-HB0482-2025RS)
- [HB 0384: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-HB0384-2025RS)
- [SB 0157: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-SB0157-2025RS)
- [HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization](https://policyrisk.com/state-bill/MD-HB1294-2025RS)
- [HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard](https://policyrisk.com/state-bill/MD-HB0228-2025RS)
- [Maryland bills](https://policyrisk.com/states/maryland/bills)
- [Maryland state hub](https://policyrisk.com/states/maryland)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/MD-SB0598-2025RS (as of 2026-10-19).