Legislation - HB0082

Title: Recordation and Transfer Taxes - Exemption for Related Business Entities - Common Law Trusts
Sponsored by: Delegate Cardin
Status: In the House - Hearing 2/03 at 1:00 p.m.
Analysis: Fiscal and Policy Note

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:: Ways and Means

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 House Calendar Date 1/16/2026 Legislative Date 1/16/2026 Action Hearing 2/04 at 2:00 p.m. Proceedings
Chamber House Calendar Date 1/16/2026 Legislative Date 1/16/2026 Action Hearing canceled Proceedings
Chamber House Calendar Date 1/16/2026 Legislative Date 1/16/2026 Action Hearing 2/04 at 1:00 p.m. Proceedings
Chamber House Calendar Date 1/21/2026 Legislative Date 1/21/2026 Action Reassigned to Ways and Means Proceedings 6 Click to view Recorded Media
Chamber House Calendar Date 1/21/2026 Legislative Date 1/21/2026 Action Hearing canceled Proceedings
Chamber House Calendar Date 1/24/2026 Legislative Date 1/24/2026 Action Hearing 2/03 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
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
House	1/16/2026	1/16/2026	Hearing 2/04 at 2:00 p.m.
House	1/16/2026	1/16/2026	Hearing canceled
House	1/16/2026	1/16/2026	Hearing 2/04 at 1:00 p.m.
House	1/21/2026	1/21/2026	Reassigned to Ways and Means	6 Click to view Recorded Media
House	1/21/2026	1/21/2026	Hearing canceled
House	1/24/2026	1/24/2026	Hearing 2/03 at 1:00 p.m.

File Code

Subjects

Statutes