Legislation

Title: Estates and Trusts - Rule Against Perpetuities
Sponsored by: Senator West
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 51
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:: Judicial Proceedings Click to view Recorded Media

Opposite:: Judiciary

Committee Testimony

Witness List

Details

Cross-filed with: HB0094

Bill File Type: Regular

Effective Date(s): October 1, 2020

History

Legislation History
Chamber Senate Calendar Date 1/10/2020 Legislative Date 1/10/2020 Action First Reading Judicial Proceedings Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Estates and Trusts - Rule Against Perpetuities Proceedings
Chamber Senate Calendar Date 1/14/2020 Legislative Date 1/14/2020 Action Hearing 1/23 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Judicial Proceedings Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/03/2020 Legislative Date 2/03/2020 Action Favorable Report by Judicial Proceedings Proceedings
Chamber Senate Calendar Date 2/04/2020 Legislative Date 2/04/2020 Action Favorable Adopted Proceedings 20 Click to view Recorded Media
Chamber Senate Calendar Date 2/04/2020 Legislative Date 2/04/2020 Action Second Reading Passed Proceedings 20 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Estates and Trusts - Rule Against Perpetuities Proceedings
Chamber Senate Calendar Date 2/05/2020 Legislative Date 2/05/2020 Action Third Reading Passed (46-0) Proceedings 21 Click to view Recorded Media
Chamber House Calendar Date 2/06/2020 Legislative Date 2/06/2020 Action Referred Judiciary Proceedings 22 Click to view Recorded Media
Chamber House Calendar Date 3/12/2020 Legislative Date 3/12/2020 Action Hearing 3/18 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/14/2020 Legislative Date 3/14/2020 Action Hearing canceled Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Judiciary Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/14/2020 Legislative Date 3/14/2020 Action Favorable Report by Judiciary Proceedings
Chamber House Calendar Date 3/14/2020 Legislative Date 3/11/2020 Action Favorable Adopted Second Reading Passed Proceedings 48 Click to view Recorded Media
Chamber House Calendar Date 3/16/2020 Legislative Date 3/12/2020 Action Third Reading Passed (132-0) Proceedings 49BClick to view Recorded Media
Chamber Senate Calendar Date 3/18/2020 Legislative Date 3/15/2020 Action Returned Passed Proceedings 53CClick 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 51 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Estates and Trusts - Rule Against Perpetuities Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/10/2020	1/10/2020	First Reading Judicial Proceedings
			Text - First - Estates and Trusts - Rule Against Perpetuities
Senate	1/14/2020	1/14/2020	Hearing 1/23 at 1:00 p.m.
			Vote - Senate - Committee - Judicial Proceedings	Click to view Recorded Media
Senate	2/03/2020	2/03/2020	Favorable Report by Judicial Proceedings
Senate	2/04/2020	2/04/2020	Favorable Adopted	20 Click to view Recorded Media
Senate	2/04/2020	2/04/2020	Second Reading Passed	20 Click to view Recorded Media
			Text - Third - Estates and Trusts - Rule Against Perpetuities
Senate	2/05/2020	2/05/2020	Third Reading Passed (46-0)	21 Click to view Recorded Media
House	2/06/2020	2/06/2020	Referred Judiciary	22 Click to view Recorded Media
House	3/12/2020	3/12/2020	Hearing 3/18 at 1:00 p.m.
House	3/14/2020	3/14/2020	Hearing canceled
			Vote - House - Committee - Judiciary	Click to view Recorded Media
House	3/14/2020	3/14/2020	Favorable Report by Judiciary
House	3/14/2020	3/11/2020	Favorable Adopted Second Reading Passed	48 Click to view Recorded Media
House	3/16/2020	3/12/2020	Third Reading Passed (132-0)	49BClick to view Recorded Media
Senate	3/18/2020	3/15/2020	Returned Passed	53CClick to view Recorded Media
Post Passage	5/08/2020	5/08/2020	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 51
			Text - Chapter - Estates and Trusts - Rule Against Perpetuities

File Code

Subjects

Statutes