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MD HB1009
Bill
Status
2/6/2026
Primary Sponsor
Marc Korman
Click for details
AI Summary
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Circuit court clerks are prohibited from recording property transfers from the United States to private parties unless accompanied by a Certificate of Compliance issued jointly by the Office of the Attorney General and the State Department of Assessments and Taxation
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Transfers from the U.S. to other government entities (federal, state, county, municipal) are exempt from the certification requirement
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A 2% state transfer tax is imposed on real property that was formerly held by the United States and conveyed on or after July 1, 2026, calculated on the assessed property value and paid entirely by the transferor
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Revenue from the 2% transfer tax is directed to Program Open Space under the Natural Resources Article
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Effective July 1, 2026, applicable to instruments recorded on or after that date
Legislative Description
Transfer of Real Property - Recordation Certification and State Transfer Tax (Land Transfer Accountability Act)
Rules and Regulations
Last Action
Hearing 2/26 at 1:00 p.m.
2/9/2026