MD HB1360 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 18 2019 - 25% progression, died in committee
Action: 2019-02-18 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 18 2019 - 25% progression, died in committee
Action: 2019-02-18 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Limiting a statutory exception to the common-law rule against perpetuities that provides that the rule does not apply to an option of a tenant to purchase all or part of the premises leased by the tenant to an option that is exercisable only during the term of the lease; and providing for the prospective application of the Act.
Title
Estates and Trusts - Rule Against Perpetuities - Exception for Tenant's Option to Purchase
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-18 | House | First Reading House Rules and Executive Nominations |
Subjects
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1360?ys=2019rs |
| Text | https://mgaleg.maryland.gov/2019RS/bills/hb/hb1360f.pdf |
