Maryland House Bill 1428

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 7 2025 - 25% progression
Action: 2025-02-07 - Hearing 2/25 at 1:00 p.m. (Environment and Transportation)
Pending: House Environment and Transportation Committee
Hearing: Feb 25 @ 1:00 pm House Environment and Transportation Hearing
Text: Latest bill text (Introduced) [PDF]

Imposing an excise tax on the acquisition and excess ownership of certain single-family residences in the State by certain entities; 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; etc.

Sale of Residential Property - Taxes and Offers to Purchase (End Hedge Fund Control of Maryland Homes Act of 2025)

Del. Adrian Boafo [D]

Del. Marlon Amprey [D]

Date	Chamber	Action
2025-02-07	House	Hearing 2/25 at 1:00 p.m. (Environment and Transportation)
2025-02-07	House	First Reading Environment and Transportation and Ways and Means

SB582 (Crossfiled) 2025-02-11 - Hearing 2/19 at 1:10 p.m. (Budget and Taxation) and Hearing canceled (Judicial Proceedings)

Chapter	Article	Section	Citation Type	Statute Text
Real Property	10	804	(n/a)	See Bill Text
Tax - Property	13	203	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1428?ys=2025RS
Text	https://mgaleg.maryland.gov/2025RS/bills/hb/hb1428f.pdf