MD SB152 | 2020 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on May 8 2020 - 100% progression
Action: 2020-05-08 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 51
Text: Latest bill text (Engrossed) [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.

Tracking Information

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Title

Estates and Trusts - Rule Against Perpetuities

Sponsors


Roll Calls

2020-03-16 - House - Third Reading Passed (Y: 132 N: 0 NV: 0 Abs: 9) [PASS]
2020-02-05 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2020-05-08SenateEnacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 51
2020-03-18SenateReturned Passed
2020-03-16HouseThird Reading Passed (132-0)
2020-03-14HouseFavorable Adopted Second Reading Passed
2020-03-14HouseFavorable Report by Judiciary
2020-03-14HouseHearing canceled
2020-03-12HouseHearing 3/18 at 1:00 p.m.
2020-02-06HouseReferred Judiciary
2020-02-05SenateThird Reading Passed (46-0)
2020-02-04SenateSecond Reading Passed
2020-02-04SenateFavorable Adopted
2020-02-03SenateFavorable Report by Judicial Proceedings
2020-01-14SenateHearing 1/23 at 1:00 p.m.
2020-01-10SenateFirst Reading Judicial Proceedings

Same As/Similar To

HB94 (Crossfiled) 2020-05-08 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 50

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Estates and Trusts11102(n/a)See Bill Text

Maryland State Sources


Bill Comments

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