Maryland House Bill 363 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 7-3)
Status: Passed on April 11 2017 - 100% progression
Action: 2017-04-11 - Approved by the Governor - Chapter 64
Text: Latest bill text (Chaptered) [PDF]

Exempting a transfer of real property from a sole proprietorship to a limited liability company from recordation and transfer taxes if the sole member of the limited liability company is identical to the converting sole proprietor and specified other conditions are met; providing that the transfer of a controlling interest in a limited liability company that is the product of an untaxed conversion from a sole proprietorship is subject to the recordation and transfer tax under specified circumstances; etc.

Recordation and Transfer Taxes - Exemptions - Property Conveyed From Sole Proprietorship to Limited Liability Company

Del. Aruna Miller [D]	Del. Mark Chang [D]	Del. Eric Ebersole [D]	Del. Jay Jalisi [D]
Sen. Benjamin Kramer [D]	Del. Susan Krebs [R]	Sen. Clarence Lam [D]	Sen. Johnny Mautz [R]
Sen. Chris West [R]	Sen. Karen Lewis Young [D]

2017-03-23 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2017-03-23 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2017-03-07 - House - House Floor - Third Reading Passed (137-0) (Y: 137 N: 0 NV: 1 Abs: 3) [PASS]

Date	Chamber	Action
2017-04-11	House	Approved by the Governor - Chapter 64
2017-03-27	House	Returned Passed
2017-03-27	Senate	Third Reading Passed (46-0)
2017-03-24	Senate	Second Reading Passed
2017-03-24	Senate	Favorable Report Adopted
2017-03-23	Senate	Favorable Report by Budget and Taxation
2017-03-21	Senate	Hearing 3/21 at 1:00 p.m.
2017-03-09	Senate	First Reading Budget and Taxation
2017-03-07	House	Third Reading Passed (137-0)
2017-03-03	House	Second Reading Passed with Amendments
2017-03-03	House	Favorable with Amendments {805060/1 Report Adopted
2017-03-02	House	Favorable with Amendments Report by Ways and Means
2017-02-16	House	Hearing 2/16 at 1:00 p.m.
2017-01-25	House	First Reading Ways and Means

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0363?ys=2017rs
Text	https://mgaleg.maryland.gov/2017RS/bills/hb/hb0363f.pdf
Text	https://mgaleg.maryland.gov/2017RS/bills/hb/hb0363t.pdf
Text	https://mgaleg.maryland.gov/2017RS/Chapters_noln/CH_64_hb0363t.pdf
Amendment	https://mgaleg.maryland.gov/2017RS/amds/bil_0003/hb0363_80506001.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/fnotes/bil_0003/hb0363.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/votes_comm/hb0363_w&m.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/votes_comm/hb0363_b&t.pdf
Roll Call	https://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=hb0363,h-0275&stab=02&ys=2017RS
Roll Call	https://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=hb0363,s-0836&stab=02&ys=2017RS