The Montgomery County Council declined to eliminate the Income Tax Offset Credit, which provides eligible homeowners with an annual $692 tax credit, in the FY27 budget. Councilmember Sayles opposed elimination of the credit, citing its importance to working families and seniors on fixed incomes. She indicated support for reforming the program to better target low- and moderate-income households.
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Source: Councilmember Laurie-Anne Sayles, “Protecting What Matters Most: My FY27 Budget Update”, received May 22, 2026.
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Key dates
2026-05-22
effective — FY27 budget finalized preserving the Income Tax Offset Credit
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