Senate bill 911 increases property tax exemption for blind individuals to $40,000

During the recent Budget and Taxation Committee session on March 7, 2025, a significant proposal was discussed that could impact property tax exemptions for certain Maryland residents. Senate Bill 911 aims to increase the property tax exemption for homes owned by blind individuals or their surviving spouses from $15,000 to $40,000 of assessed value.

This change is expected to have notable financial implications. The fiscal note indicates that the state would see a cost of $40,000, while local jurisdictions could face an estimated $450,000 in lost revenue due to the expanded exemption.

The committee deliberated on the bill, with some members expressing concerns about the financial burden it may place on local governments. Notably, the Maryland Association of Counties (Mako) and the Maryland Municipal League (MML) have voiced their opposition to the bill, highlighting the challenges local entities face in managing their budgets.

As discussions continue, the committee will need to weigh the benefits of providing increased support to blind individuals and their families against the potential financial strain on local resources. The outcome of this bill could set a precedent for future property tax exemptions in Maryland, making it a critical issue for both lawmakers and constituents alike.