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]
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.
Title
Estates and Trusts - Rule Against Perpetuities
Sponsors
| Sen. Chris West [R] |
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]
2020-02-05 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2020-05-08 | Senate | Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 51 |
| 2020-03-18 | Senate | Returned Passed |
| 2020-03-16 | House | Third Reading Passed (132-0) |
| 2020-03-14 | House | Favorable Adopted Second Reading Passed |
| 2020-03-14 | House | Favorable Report by Judiciary |
| 2020-03-14 | House | Hearing canceled |
| 2020-03-12 | House | Hearing 3/18 at 1:00 p.m. |
| 2020-02-06 | House | Referred Judiciary |
| 2020-02-05 | Senate | Third Reading Passed (46-0) |
| 2020-02-04 | Senate | Second Reading Passed |
| 2020-02-04 | Senate | Favorable Adopted |
| 2020-02-03 | Senate | Favorable Report by Judicial Proceedings |
| 2020-01-14 | Senate | Hearing 1/23 at 1:00 p.m. |
| 2020-01-10 | Senate | First 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
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Estates and Trusts | 11 | 102 | (n/a) | See Bill Text |
