PROPERTY TAX CREDIT

In December 2007, the Greenbelt City Council approved a property tax credit program in recognition of the increasing burden of property taxes on people of limited or fixed incomes. In order to make applying for the credit as simple as possible, the City’s program “piggybacks” on the existing State of Maryland tax credit program. In other words, a property owner automatically qualifies for the Greenbelt credit if they file a State of Maryland application and are approved. The City’s credit is equal to 25 percent of the State’s credit.

Qualifications for the program are based on one’s income, the value of one’s property, and one’s net worth. Property owners with a gross household income of $60,000 or less are encouraged to check into the tax credit program. Information and an application are available from the State of Maryland Department of Assessments and Taxation and its website at www.dat.state.md.us.

The deadline for filing for the State property tax credit program, and thus Greenbelt’s, has been extended to November 2nd.  Info is available on the State Department of Assessments and Taxation website.

If you have any questions about the City’s program, contact Jeff Williams, City Treasurer, at 301-474-1552 or jwilliams@greenbeltmd.gov.