MD HB1460

Caps rent at 120% of HUD fair market rent or 120% of the property's last sale price divided by 12 (whichever is greater), with additional mandatory fees limited to $100/month, for single-family rentals owned by landlords with two or more rental properties in Maryland

Requires landlords to provide sworn disclosure statements in the tenant's primary language showing fair market rent, last sale price, and maximum allowable rent before signing or renewing a lease

Creates a publicly accessible registry through the Department of Housing and Community Development where investor-landlords must register their contact information and principal agent details

Authorizes fines up to $10,000, rental license suspension, and up to 3-year bans on leasing properties for violations; tenants may sue for treble damages, attorney's fees, and injunctive relief

Takes effect January 1, 2027, and exempts owner-occupied residences, properties with long-term affordability covenants, and licensed kinship/foster care homes