Legislation

Title: Estates and Trusts - Rule Against Perpetuities
Sponsored by: Delegate Rosenberg
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 50
Analysis: Fiscal and Policy Note

Synopsis

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.

Committees

Original:: Judiciary Click to view Recorded Media

Opposite:: Judicial Proceedings

Committee Testimony

Witness List

Details

Cross-filed with: SB0152

Introduced in a prior session as: HB1360 Session: 2019 Regular Session

Bill File Type: Regular

Effective Date(s): October 1, 2020

History

Legislation History
Chamber House Calendar Date 1/13/2020 Legislative Date 1/13/2020 Action First Reading Judiciary Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Estates and Trusts - Rule Against Perpetuities Proceedings
Chamber House Calendar Date 1/14/2020 Legislative Date 1/14/2020 Action Hearing 2/05 at 2:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Judiciary Proceedings Click to view Recorded Media
Chamber House Calendar Date 2/17/2020 Legislative Date 2/17/2020 Action Favorable Report by Judiciary Proceedings
Chamber House Calendar Date 2/18/2020 Legislative Date 2/18/2020 Action Favorable Adopted Second Reading Passed Proceedings 30 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Estates and Trusts - Rule Against Perpetuities Proceedings
Chamber House Calendar Date 2/20/2020 Legislative Date 2/20/2020 Action Third Reading Passed (139-0) Proceedings 32 Click to view Recorded Media
Chamber Senate Calendar Date 2/21/2020 Legislative Date 2/21/2020 Action Referred Judicial Proceedings Proceedings 33 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Judicial Proceedings Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/14/2020 Legislative Date 3/14/2020 Action Favorable Report by Judicial Proceedings Proceedings
Chamber Senate Calendar Date 3/14/2020 Legislative Date 3/09/2020 Action Favorable Adopted Second Reading Passed Proceedings 48 Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2020 Legislative Date 3/10/2020 Action Third Reading Passed (45-0) Proceedings 49 Click to view Recorded Media
Chamber House Calendar Date 3/16/2020 Legislative Date 3/12/2020 Action Returned Passed Proceedings 49AClick to view Recorded Media
Chamber Post Passage Calendar Date 5/08/2020 Legislative Date 5/08/2020 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 50 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Estates and Trusts - Rule Against Perpetuities Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/13/2020	1/13/2020	First Reading Judiciary
			Text - First - Estates and Trusts - Rule Against Perpetuities
House	1/14/2020	1/14/2020	Hearing 2/05 at 2:00 p.m.
			Vote - House - Committee - Judiciary	Click to view Recorded Media
House	2/17/2020	2/17/2020	Favorable Report by Judiciary
House	2/18/2020	2/18/2020	Favorable Adopted Second Reading Passed	30 Click to view Recorded Media
			Text - Third - Estates and Trusts - Rule Against Perpetuities
House	2/20/2020	2/20/2020	Third Reading Passed (139-0)	32 Click to view Recorded Media
Senate	2/21/2020	2/21/2020	Referred Judicial Proceedings	33 Click to view Recorded Media
			Vote - Senate - Committee - Judicial Proceedings	Click to view Recorded Media
Senate	3/14/2020	3/14/2020	Favorable Report by Judicial Proceedings
Senate	3/14/2020	3/09/2020	Favorable Adopted Second Reading Passed	48 Click to view Recorded Media
Senate	3/15/2020	3/10/2020	Third Reading Passed (45-0)	49 Click to view Recorded Media
House	3/16/2020	3/12/2020	Returned Passed	49AClick to view Recorded Media
Post Passage	5/08/2020	5/08/2020	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 50
			Text - Chapter - Estates and Trusts - Rule Against Perpetuities

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Statutes