Legislation - SB0927

Title: Corporations and Associations - Limited Equity Housing Cooperatives - Establishment
Sponsored by: Senator Smith
Status: In the Senate - Hearing 2/26 at 1:00 p.m.
Analysis

Synopsis

Authorizing a Maryland nonstock corporation to convert to a limited equity housing cooperative subject to certain requirements; requiring a limited equity housing cooperative for certain households to receive notice and vacate a portion of a certain residential rental facility; requiring a limited equity housing cooperative to reimburse certain households for moving expenses; etc.

Committees

Original:: Judicial Proceedings

Details

Cross-filed with: HB1052

Bill File Type: Regular

Effective Date(s): October 1, 2025, June 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/03/2025 Legislative Date 1/28/2025 Action First Reading Judicial Proceedings Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Corporations and Associations - Limited Equity Housing Cooperatives - Establishment Proceedings
Chamber Senate Calendar Date 2/04/2025 Legislative Date 2/04/2025 Action Hearing 2/26 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/03/2025	1/28/2025	First Reading Judicial Proceedings
			Text - First - Corporations and Associations - Limited Equity Housing Cooperatives - Establishment
Senate	2/04/2025	2/04/2025	Hearing 2/26 at 1:00 p.m.

File Code

Subjects

Statutes