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Numerous counties in Maryland have implemented fees and programs to address polluted runoff since the 1980s. [2] In 2010, the U.S. EPA ordered the states in the Chesapeake Bay watershed to reduce stormwater runoff through independent funding methods. [3] Maryland voted to use stormwater fees to cover the $14.8 billion cost. [3]
Homeowners will bear the brunt of the rain tax: of the $14.8 billion to be raised -- $482 million each year until 2025 -- about three-quarters will come from residential property owners.
[5] [6] [7] This fee, of course, does not tax rain but has been implemented in Maryland in varying ways at the county level, such as a flat fee per property owner, or based on impervious surface square footage. [8] The law specifies that accrued funds must be used for specified stormwater pollution-related purposes. [9]
Maryland House Bill 107, also known as HB107, is a Maryland state law passed in 2022 that mandates that condominiums, housing associations, cooperatives, and homeowner associations complete a reserve study by October 1, 2023. [1]
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Maryland has the most millionaires per capita in 2013, with a ratio of 7.7 percent. [166] Also, the state's poverty rate of 7.8 percent is the lowest in the country. [167] [168] [169] Per capita personal income in 2006 was $43,500, fifth in the nation. As of March 2022, the state's unemployment rate was 4.6 percent. [170]
Maryland’s Tax-Free week is coming. Find out when and what items will be tax free. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in ...