HB0223 (CH0138)

Find a 2018 Bill:

2018 Regular Session



Howard County - Transfer Tax Exemption and Rate Reduction - Teachers Ho. Co. 13-18

Sponsored by:

Howard County Delegation


Approved by the Governor - Chapter 138

Synopsis:Exempting from the Howard County transfer tax the sale of residential real property to certain teachers if the teacher is a first-time home buyer in Howard County; establishing a maximum transfer tax rate of 0.7% in Howard County for the sale of residential real property to certain teachers under certain circumstances; providing for the recapture of the transfer tax exempted or reduced under the Act under certain circumstances; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Howard County Delegation
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2018
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
Ways and Means  View Committee HearingBudget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Recordation and Transfer
Narrow Subject(s):Exemptions
Howard County
Local Government Mandates
Public Local Laws
Real Property
Transfer Tax
Statutes:Article - Howard County

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Explanation of Floor Motions and Actions

April 12, 2018 4:45 P.M.