Read the full stored bill text
EXPLANATION: CAPITALS INDICATE MATTER ADDED TO EXISTING LAW.
[Brackets] indicate matter deleted from existing law.
Underlining indicates amendments to bill.
Strike out indicates matter stricken from the bill by amendment or deleted from the law by
amendment.
*sb0847*
SENATE BILL 847
Q2 6lr3234
CF HB 889
By: Senators Carozza and Mautz
Introduced and read first time: February 6, 2026
Assigned to: Budget and Taxation
Committee Report: Favorable
Senate action: Adopted
Read second time: February 28, 2026
CHAPTER ______
AN ACT concerning 1
Wicomico County – Property Tax Credit – Salisbury Neighborhood Housing 2
Services, Inc. 3
FOR the purpose of authorizing the governing body of Wicomico County or a municipal 4
corporation in Wicomico County to grant, by law, a property tax credit against the 5
county or municipal corporation property tax imposed on certain real property owned 6
by Salisbury Neighborhood Housing Servic es, Inc.; and generally relating to a 7
property tax credit for real property owned by Salisbury Neighborhood Housing 8
Services, Inc. 9
BY adding to 10
Article – Tax – Property 11
Section 9–324(d) 12
Annotated Code of Maryland 13
(2019 Replacement Volume and 2025 Supplement) 14
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 15
That the Laws of Maryland read as follows: 16
Article – Tax – Property 17
9–324. 18
(D) (1) THE GOVERNING BODY OF WICOMICO COUNTY OR THE 19
GOVERNING BODY OF A MUNICIPAL CORPORATIO N IN WICOMICO COUNTY MAY 20
2 SENATE BILL 847
GRANT, BY LAW , A PROPERTY TAX CREDI T AGAINST THE COUNTY OR MUNICIPAL 1
CORPORATION PROPERTY TAX IMPOSED ON REAL PROPERTY THAT IS: 2
(I) OWNED BY SALISBURY NEIGHBORHOOD HOUSING 3
SERVICES, INC., WITH THE INTENTION OF RELINQUISHING OWNERSHIP IN THE NEAR 4
FUTURE; 5
(II) USED FOR THE PURPOSE S OF DEVELOPMENT , 6
REHABILITATION, AND TRANSFER TO A PRIVATE OWNER; AND 7
(III) NOT OCCUPIED BY ADMI NISTRATIVE OR WAREHO USE 8
BUILDINGS OWNED BY SALISBURY NEIGHBORHOOD HOUSING SERVICES, INC. 9
(2) IF THE GOVERNING BODY OF WICOMICO COUNTY OR THE 10
GOVERNING BODY OF A MUNICIPAL CORPORATION IN WICOMICO COUNTY GRANTS 11
A PROPERTY TAX CREDI T UNDER THIS SUBSECT ION, SALISBURY NEIGHBORHOOD 12
HOUSING SERVICES, INC., SHALL SUBMIT AN ANNU AL WRITTEN REPORT TO THE 13
GOVERNING BODY THAT DOCUMENTS THE FOLLOWING: 14
(I) ALL REAL PROPERTY HO LDINGS OF SALISBURY 15
NEIGHBORHOOD HOUSING SERVICES, INC., IN THE JURISDICTION GRANTING THE 16
TAX CREDIT; AND 17
(II) ALL TRANSACTIONS INVOLVING REAL PROPERTY HOLDINGS 18
OF SALISBURY NEIGHBORHOOD HOUSING SERVICES, INC., IN THE JURISDICTION 19
GRANTING THE TAX CREDIT. 20
(3) THE GOVERNING BODY OF WICOMICO COUNTY OR THE 21
GOVERNING BODY OF A MUNICIPAL CORPORATIO N IN WICOMICO COUNTY MAY 22
PROVIDE, BY LAW, FOR: 23
(I) THE AMOUNT, TERMS, SCOPE, AND DURATION OF THE TAX 24
CREDIT UNDER THIS SUBSECTION; AND 25
(II) ANY OTHER PROVISION NECESSARY TO CARRY O UT THIS 26
SUBSECTION. 27
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June 28
1, 2026, and shall be applicable to all taxable years beginning after June 30, 2026. 29