Legislation

Title: Sale of Residential Real Property - Offers to Purchase and Transfer Tax
Sponsored by: Delegate Amprey
Status: In the House - Hearing 2/20 at 1:00 p.m. (Environment and Transportation)
Analysis: Fiscal and Policy Note

Synopsis

Authorizing a person who offers for sale to a third party improved single-family residential real property, for the first 30 days, to accept an offer to purchase the property made only by an individual, a community development organization, a nonprofit organization, or a real estate enterprise that owns an interest in less than 3% of all residential real property in the county; and altering the rate of the State transfer tax payable for an instrument of writing for a sale of certain residential real property under certain circumstances.

Committees

Original:: Environment and Transportation Click to view Recorded Media; Ways and Means

Committee Testimony

Witness List

Details

Introduced in a prior session as: HB0474 Session: 2023 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2024

History

Legislation History
Chamber House Calendar Date 1/31/2024 Legislative Date 1/31/2024 Action First Reading Environment and Transportation and Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Sale of Residential Real Property - Offers to Purchase and Transfer Tax Proceedings
Chamber House Calendar Date 2/06/2024 Legislative Date 2/06/2024 Action Hearing 2/20 at 1:00 p.m. (Environment and Transportation) Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/31/2024	1/31/2024	First Reading Environment and Transportation and Ways and Means
			Text - First - Sale of Residential Real Property - Offers to Purchase and Transfer Tax
House	2/06/2024	2/06/2024	Hearing 2/20 at 1:00 p.m. (Environment and Transportation)

File Code

Subjects

Statutes