Legislation - SB0725

Title: Transfer of Real Property - Recordation Certification and State Transfer Tax (Land Transfer Accountability Act)
Sponsored by: Senator Waldstreicher
Status: In the Senate - Hearing 3/05 at 1:00 p.m. (Judicial Proceedings)
Analysis

Synopsis

Prohibiting a clerk of the circuit court from recording an instrument that effects a change of ownership of real property from the United States to certain persons unless the instrument is accompanied by a Certificate of Compliance; requiring the Office of the Attorney General and the State Department of Assessments and Taxation to review certain changes of ownership of real property and issue a Certificate of Compliance following a determination of legal compliance; etc.

Committees

Original:: Judicial Proceedings; Budget and Taxation

Details

Cross-filed with: HB1009

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/06/2026 Legislative Date 2/06/2026 Action First Reading Judicial Proceedings and Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Transfer of Real Property - Recordation Certification and State Transfer Tax (Land Transfer Accountability Act) Proceedings
Chamber Senate Calendar Date 2/12/2026 Legislative Date 2/12/2026 Action Hearing 3/05 at 1:00 p.m. (Judicial Proceedings) Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/06/2026	2/06/2026	First Reading Judicial Proceedings and Budget and Taxation
			Text - First - Transfer of Real Property - Recordation Certification and State Transfer Tax (Land Transfer Accountability Act)
Senate	2/12/2026	2/12/2026	Hearing 3/05 at 1:00 p.m. (Judicial Proceedings)

File Code

Subjects

Statutes