The first of my bills HB796 Property Tax Credit for Homes Formerly Owned by Habitat for Humanity of Charles County was heard by the Ways and Means Committee today. This bill would authorize the Charles County Commissioners to grant a phase in of property taxes to owners of Habitat properties. The phase in period is four years and allows the new owner to pay no tax the first year, 25% the second year, 50% the third year, and 75% the fourth year. At year five they would pay the entire property tax assigned to that property.
My thanks go to Joe Crawford who is the President of Habitat of Humanity of Charles County and Board Member Mike Philips who came to Annapolis to give oral testimony. Additionally a letter of support was submitted by Beverly Deniston who both supports the Habitat cause and has purchased a home in the past.