MD SB780 | 2010 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: Passed on May 20 2010 - 100% progression
Action: 2010-05-20 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: Passed on May 20 2010 - 100% progression
Action: 2010-05-20 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Summary
Exempting a specified affordable housing land trust agreement from the application of the common law rule against perpetuities; authorizing an affordable housing land trust agreement to be recorded in the land records; exempting an affordable housing land trust agreement from specified provisions relating to a possibility of reverter and right of entry and the creation and redemption of reversionary interests; requiring the Department to maintain an online list of registered affordable housing land trusts; etc.
Title
Real Property - Affordable Housing Land Trusts
Sponsors
| Sen. Jennie Forehand [D] | Sen. Brian Frosh [D] | Sen. Lisa Gladden [D] | Sen. Nancy Jacobs [R] |
| Sen. Anthony Muse [D] | Sen. Jamin Raskin [D] | Sen. Bryan Simonaire [R] |
Roll Calls
2010-03-26 - Senate - Third Reading Passed (Y: 44 N: 0 NV: 0 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2010-05-20 | Approved by the Governor | |
| 2010-04-03 | Third Reading Passed (140-0) | |
| 2010-04-02 | Second Reading Passed | |
| 2010-04-02 | Favorable Report Adopted | |
| 2010-04-09 | Favorable Report by Environmental Matters | |
| 2010-03-30 | Hearing 4/8 at 1:00 p.m. | |
| 2010-03-23 | First Reading Environmental Matters | |
| 2010-04-06 | Returned Passed | |
| 2010-03-26 | Third Reading Passed (44-0) | |
| 2010-03-25 | Second Reading Passed with Amendments | |
| 2010-03-25 | Favorable with Amendments Report Adopted | |
| 2010-03-22 | Favorable with Amendments Report by Judicial Proceedings | |
| 2010-02-12 | Hearing 3/4 at 1:00 p.m. | |
| 2010-02-10 | First Reading Judicial Proceedings |
Subjects
Assessments
Assessments and Taxation, Department of
Contracts
Disclosure
Electronic Government
Estates and Trusts
Housing
Land Records
Leases and Rent
Nonprofit Organizations
Property Tax
Real Property
Recordation
Records
Registration
Revenue and Taxes
Rules and Regulations
Transfer Tax
Assessments and Taxation, Department of
Contracts
Disclosure
Electronic Government
Estates and Trusts
Housing
Land Records
Leases and Rent
Nonprofit Organizations
Property Tax
Real Property
Recordation
Records
Registration
Revenue and Taxes
Rules and Regulations
Transfer Tax
