County Expands Homeowners' Tax Credit Eligibility Under Bill 3-25

The Montgomery County Council unanimously approved Bill 3-25, expanding eligibility for the County Supplement to the Maryland Homeowners' Tax Credit (HOTC). The bill raises the combined income eligibility ceiling from $60,000 to $75,000, the net worth threshold from $200,000 to $250,000, and the assessed value cap from $300,000 to $375,000. Residents can apply through the Maryland Department of Assessments and Taxation.