KabirCares.org

Putting a Brake on Tax

In an effort to put a break on three taxes that the county residents pay to the local governments, the state senators representing the PgCo has presented a bill; a hearing of the bill was held on March 9.

Sen. Douglas J.J. Peters (D-Dist. 23) of Bowie is the chief sponsor of Senate Bill 683, which aims to expand the state’s Homestead Tax Credit — a limit on how much an owner-occupied property’s taxable value can increase each year — to include taxes Prince George’s homeowners pay to park and planning, transit and storm water management, according to this report.

If passed, tax increases for transit, storm water management and Park and Planning would not rise more than 10 percent each year. Each fee has gone up 14 percent each year since 2006.

Related Posts Plugin for WordPress, Blogger...
(Visited 9 times, 1 visits today)

Comments are closed.