MD HB45 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2017 - 25% progression, died in chamber
Action: 2017-02-13 - Unfavorable Report by Environment and Transportation; Withdrawn
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring a redeemable ground rent to be redeemed when the property subject to the ground rent is transferred or the leasehold tenant obtains or refinances a loan on the property; requiring the transferee or borrower to request a redemption statement from the ground lease holder if the ground lease is registered with the State Department of Assessments and Taxation; requiring the ground lease holder to send a redemption statement containing specified information within 60 days after receiving a request; etc.

Tracking Information

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Title

Real Property - Redeemable Ground Rents - Required Redemption

Sponsors


History

DateChamberAction
2017-02-13HouseUnfavorable Report by Environment and Transportation; Withdrawn
2017-01-18HouseHearing canceled
2017-01-24HouseHearing 1/24 at 1:00 p.m.
2017-01-11HouseFirst Reading Environment and Transportation
2016-07-14HousePre-filed

Subjects


Maryland State Sources


Bill Comments

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