Property Tax Credit – Local Income Tax Offset
The Property Tax Credit – Local Income Tax Offset provides a property tax credit against the county tax imposed on real property to offset increases in county income tax revenues resulting from a county income tax rate in excess of 2.6%. This credit is available only to the owner of an owner-occupied residential property. Offered by Montgomery County Department of Finance.
Key Facts
- Funder
- Montgomery County Department of Finance
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Status
- Open
About This Grant
The Property Tax Credit – Local Income Tax Offset provides a property tax credit against the county tax imposed on real property to offset increases in county income tax revenues resulting from a county income tax rate in excess of 2.6%. This credit is available only to the owner of an owner-occupied residential property.
Full requirements and application instructions: official listing.
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