O'Malley signs tax break for Prince George's residents

Maryland Gov. Martin O'Malley (D) signed legislation Tuesday that will provide a tax break for Prince George's County homeowners despite objections by the Maryland-National Capital Park and Planning Commission.

Senate Bill 683 mandates taxes paid by county residents toward the M-NCPPC, the Chesapeake Bay Water Quality Fund and the Washington Suburban Transit Commission will not increase by more than 10 percent per year. Currently, property tax increases are capped under the Homestead Property Tax Credit, which the legislation expanded to include the three other taxes.