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Commissioners vote to reduce Homestead Property Tax Credit rate from 3% to 0%, effective July 1, 2026
Summary
After a public hearing, Worcester County commissioners approved decreasing the Homestead Property Tax Credit cap from 3% to 0% with the change to take effect July 1, 2026. Supporters said the revision would provide tax relief to long-term residents and renters; commissioners discussed fiscal implications for future budgets.
Worcester County commissioners voted unanimously on Oct. 21 to reduce the Homestead Property Tax Credit cap from 3% to 0%, with the change scheduled to take effect July 1, 2026.
The public hearing drew speakers in favor of the reduction. Vince Gisriel Jr. (14008 Sailing Road, Ocean City) applauded the action and noted Ocean City and other municipalities in Maryland already use a 0% cap; he said the change would provide…
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