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County staff brief council on proposed enabling legislation for county tax-rate differentials tied to transportation funding
Summary
A proposed state bill would authorize counties to set differential property tax rates by property type and use proceeds for transportation capital or special taxing districts; the county will monitor and consider implications for mixed-use projects and implementation mechanics.
Montgomery County staff briefed the council on proposed enabling legislation that would authorize county governments to adopt differential property tax rates by property class and use the proceeds—subject to restrictions—for transportation capital and related local shares of state obligations.
Staff said municipalities currently have authority to…
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