Legislation - HB1052

Title: Corporations and Associations - Limited Equity Housing Cooperatives - Establishment
Sponsored by: Delegate Charkoudian
Status: In the House - Hearing 2/25 at 1:00 p.m. (Environment and Transportation)
Analysis: Fiscal and Policy Note

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

Details

Cross-filed with: SB0927

Bill File Type: Regular

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

History

Legislation History
Chamber House Calendar Date 2/05/2025 Legislative Date 2/05/2025 Action First Reading Environment and Transportation and Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Corporations and Associations - Limited Equity Housing Cooperatives - Establishment Proceedings
Chamber House Calendar Date 2/05/2025 Legislative Date 2/05/2025 Action Hearing 2/25 at 1:00 p.m. (Environment and Transportation) Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/05/2025	2/05/2025	First Reading Environment and Transportation and Ways and Means
			Text - First - Corporations and Associations - Limited Equity Housing Cooperatives - Establishment
House	2/05/2025	2/05/2025	Hearing 2/25 at 1:00 p.m. (Environment and Transportation)

File Code

Subjects

Statutes