(Bel Air, MD) – – In an historic move, Harford County Executive David R. Craig has signed into law Harford County Bill No. 09-20 “Homestead Credit Percentage” which will ultimately provide property tax relief for thousands of Harford County property owners. The bill, which was introduced by President Billy Boniface and several members of the Harford County Council in May, passed the council by unanimous vote earlier this week.
“With the state of our economy many families are struggling to make ends meet,” remarked County Executive Craig. “Many people affected by rising property tax assessments expressed their views to the County Council and me and we have acted accordingly,” Craig stated. “Harford County Government is smaller, we are leaner, and we will continue to seek out efficiencies in government,” the county executive commented.
During the brief bill signing ceremony, County Executive Craig commended Council President Boniface for his leadership on the issue and thanked the County Council for taking action to address the growing concerns regarding property taxes in Harford County. County Executive Craig also noted that the Maryland General Assembly, President Obama and Congress should also act to address the concerns of citizens throughout our state and nation regarding taxes and government spending.
Harford County Bill No. 09-20 “Homestead Credit Percentage” will take effect 60 days from the date it is signed into law and establishes the homestead credit percentage at 105% for the taxable year that begins July 1, 2010.