Legislation - HB0082

Title: Recordation and Transfer Taxes - Exemption for Related Business Entities - Common Law Trusts
Sponsored by: Delegate Cardin
Status: In the House - First Reading Judiciary
Analysis

Synopsis

Altering an exemption from the recordation tax and State and county transfer tax for transfers between related business entities to include transfers involving common law trusts; and applying the Act to instruments of writing recorded on or after July 1, 2026.

Committees

Original:: Judiciary

Details

Cross-filed with: SB0033

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2026

Bill imposes a local government mandate, which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit

History

Legislation History
Chamber House Calendar Date 10/22/2025 Legislative Date 10/22/2025 Action Pre-filed Proceedings
Chamber House Calendar Date 1/14/2026 Legislative Date 1/14/2026 Action First Reading Judiciary Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Recordation and Transfer Taxes - Exemption for Related Business Entities - Common Law Trusts Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	10/22/2025	10/22/2025	Pre-filed
House	1/14/2026	1/14/2026	First Reading Judiciary
			Text - First - Recordation and Transfer Taxes - Exemption for Related Business Entities - Common Law Trusts

File Code

Subjects

Statutes