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Legislation


2007 Regular Session

HOUSE BILL 188

File Code: Real Property
Sponsored By:
Delegate Rosenberg
Entitled:
Estates, Trusts, and Real Property - Rule Against Perpetuities

Synopsis:

Establishing that the common-law rule against perpetuities as recognized in the State does not apply to specified options, rights to acquire land, rights or privileges to acquire interests in business entities, or nondonative property interests; establishing that specified nondonative property interests shall be void unless the interests are not subject to common-law rules against perpetuities or the interests have become effective, been exercised, or become vested within specified periods of time under specified circumstances; etc.

History by Legislative and Calendar Date

House Action
1/26
First Reading Judiciary
1/31
Hearing 2/8 at 1:00 p.m.
2/19
Favorable with Amendments Report by Judiciary
2/20
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
2/23
Third Reading Passed (132-0)
4/1
House Concur - Senate Amendments
Third Reading Passed (140-0)
Passed Enrolled
Senate Action
2/26
First Reading Judicial Proceedings
3/21
Hearing 3/27 at 1:00 p.m.
4/5
Favorable with Amendments Report by Judicial Proceedings
4/1
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/2
Third Reading Passed with Amendments (47-0)
Action after passage in House and Senate
5/8
Approved by the Governor
- Chapter 381

Bill indexed under the following Subjects:

Business Trusts
Contracts -see also- Land Installment Contracts; Procurement
Corporations -see also- Municipal Corps; Public Corps & Inst
Counties -see also- Chartered Counties; Code Counties
Easements
Estates and Trusts
Landlord and Tenant -see also- Eviction; Leases & Rent; etc.
Leases and Rent
Limited Liability Companies
Municipal Corporations -see also- Annap; Balt; Hager; OC
Partnerships
Personal Property
Real Property

Bill affects the following Statutes:

Estates and Trusts
( 11-102 , 11-102.1 )
Real Property
( 2-116 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
House
Number: 892113/01     Offered on: February 20, 2007   at: 10:16 a.m.     Status: Adopted
Senate
Number: 238671/01     Offered on: April 5, 2007   at: 5:09 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
February 23, 2007: Third Reading Passed (132-0)
April 1, 2007: Third Reading Passed (140-0)
Senate
April 2, 2007: Third Reading Passed (47-0)
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