Maryland legislation · 2026 Regular Session
Maryland HB571: Nonprofit Housing Corporations - Taxes and Special Assessments Exemptions - Alterations
Status: Signed into law, May 26, 2026
Altering the definition of "nonprofit housing corporation" for purposes of eligibility for an exemption from real property taxes and special assessments of the State or a political subdivision; exempting certain real property owned by certain subsidiary entities of a certain nonprofit housing corporation from taxes and special assessments of the State or a political subdivision; etc.
What the bill says
An act concerning Nonprofit Housing Corporations - Tax and Enforcement of Judgment Taxes and Special Assessments Exemptions - Alterations FOR the purpose of altering the definition of "nonprofit housing corporation" for purposes of eligibility for an exemption from real property taxes and special assessments of the State or a political subdivision; exempting certain real property owned by certain subsidiary entities of a nonprofit housing corporation from taxes and special assessments of the State or a political subdivision…
From the enrolled text, June 3, 2026:
AN ACT concerning Nonprofit Housing Corporations - Tax and Enforcement of Judgment Taxes and Special Assessments Exemptions - Alterations FOR the purpose of altering the definition of "nonprofit housing corporation" for purposes of eligibility for an exemption from real property taxes and special assessments of the State or a political subdivision; exempting certain real property owned by certain subsidiary entities of a nonprofit housing corporation from taxes and special assessments of the State or a political subdivision; exempting certain real property of a nonprofit housing corporation from certain procedures for enforcement of a judgment against the nonprofit housing corporation; and generally relating to tax and enforcement of judgment taxes and special assessments exemptions for nonprofit housing corporations. BY repealing and reenacting, with amendments, Article - Housing and Community Development Section 12-104 Annotated Code of Maryland (2019 Replacement Volume and 2025 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, That the Laws of Maryland read as follows: Article - Housing and Community Development 12-104. (a) In this section, "housing authority entity" means an or (2) in which an authority or an entity controlled or wholly owned by an authority has an ownership interest, either directly or indirectly, through one or more wholly or partially owned subsidiary entities. (b) A nonprofit entity shall be deemed controlled by an …