MD HB751 | 2024 | Regular Session

Note: Carry Over of previous HB474

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 31 2024 - 25% progression
Action: 2024-02-06 - Hearing 2/20 at 1:00 p.m. (Environment and Transportation)
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Authorizing a person who offers for sale to a third party improved single-family residential real property, for the first 30 days, to accept an offer to purchase the property made only by an individual, a community development organization, a nonprofit organization, or a real estate enterprise that owns an interest in less than 3% of all residential real property in the county; and altering the rate of the State transfer tax payable for an instrument of writing for a sale of certain residential real property under certain circumstances.

Tracking Information

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Title

Sale of Residential Real Property - Offers to Purchase and Transfer Tax

Sponsors


History

DateChamberAction
2024-02-06HouseHearing 2/20 at 1:00 p.m. (Environment and Transportation)
2024-01-31HouseFirst Reading Environment and Transportation and Ways and Means

Same As/Similar To

HB474 (Carry Over) 2023-04-10 - Unfavorable Report by Environment and Transportation

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Real Property10804(n/a)See Bill Text
Tax - Property13203(n/a)See Bill Text

Maryland State Sources


Bill Comments

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