MD HB342 | 2025 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 13 2025 - 25% progression, died in committee
Action: 2025-01-18 - Hearing 2/04 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2025 - 25% progression, died in committee
Action: 2025-01-18 - Hearing 2/04 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the State transfer tax rate and the distribution of State transfer tax revenue; and applying the Act to instruments of writing recorded on or after July 1, 2025.
Title
State Transfer Tax - Rates and Distribution of Revenue
Sponsors
| Del. Sheila Ruth [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-18 | House | Hearing 2/04 at 1:00 p.m. |
| 2025-01-13 | House | First Reading Ways and Means |
Subjects
Comptroller
Low-Income
Real Property
Residential Property
Revenue and Taxes
Tax Credits
Taxes - Recordation and Transfer
Transfer Tax
Low-Income
Real Property
Residential Property
Revenue and Taxes
Tax Credits
Taxes - Recordation and Transfer
Transfer Tax
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - Property | 13 | 203 | (n/a) | See Bill Text |
| Tax - Property | 13 | 209 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0342?ys=2025RS |
| Text | https://mgaleg.maryland.gov/2025RS/bills/hb/hb0342f.pdf |
