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---
type: "Bill"
title: "Property Tax - Low-Income Housing Tax Credit - Valuation of Property"
description: "Property Tax - Low-Income Housing Tax Credit - Valuation of Property"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2025"
identifier: "HB 585"
citation: "Maryland HB 585 (2025)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Palakovich Carr"]
version_count: 3
action_count: 12
vote_count: 1
first_action: "2025-01-23"
last_action: "2025-04-08"
source: "openstates"
source_identifier: "ocd-bill/c0baf1bd-fef6-4934-acd9-458fcc37fd1c"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/hb0585?ys=2025RS&search=True"
source_hash: "a57403de15d4533ed960c2c623b2df793b6dba61f1a4858dfab283c332e05ed7"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-md"]
---
# Maryland HB 585 (2025) — Property Tax - Low-Income Housing Tax Credit - Valuation of Property
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Chapter - Property Tax - Low-Income Housing Tax Credit - Valuation of Property** (committee substitute) — [source](http://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_67_hb0585t.pdf)
2. **First - Property Tax - Low-Income Housing Tax Credit - Valuation of Property** (committee substitute) — [source](http://mgaleg.maryland.gov/2025RS/bills/hb/hb0585f.pdf)
3. **Third - Property Tax - Low-Income Housing Tax Credit - Valuation of Property** (committee substitute) — [source](http://mgaleg.maryland.gov/2025RS/bills/hb/hb0585t.pdf)
## Votes
- On Third Reading — **1364** (pass) · lower
## Sponsors
- Palakovich Carr — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2025-01-23** First Reading Ways and Means `referral-committee`
- **2025-01-28** Hearing 2/11 at 1:00 p.m.
- **2025-03-04** Favorable with Amendments Report by Ways and Means `committee-passage-favorable`
- **2025-03-05** Favorable with Amendments { `committee-passage-favorable`
- **2025-03-05** Second Reading Passed with Amendments
- **2025-03-11** Third Reading Passed `passage`
- **2025-03-12** Referred Budget and Taxation `referral-committee`
- **2025-03-27** Favorable Report by Budget and Taxation `committee-passage-favorable`
- **2025-03-27** Favorable Adopted Second Reading Passed `committee-passage-favorable`
- **2025-04-02** Third Reading Passed `passage`
- **2025-04-02** Returned Passed
- **2025-04-08** Approved by the Governor - Chapter 67 `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/c0baf1bd-fef6-4934-acd9-458fcc37fd1c`. Confidence: reported (aggregated from official Maryland legislature records).