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HB 474

Did not advanceCrossfile SB 945
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Sale of Residential Real Property - Offers to Purchase and Transfer Tax

Sponsor: Marlon Amprey (District 40)Committee: Environment and TransportationSubject: Taxes - Recordation and TransferStatus: Unfavorable Report by Environment and Transportation (as of Nov 9, 2023)

What this bill does

Official synopsis

Authorizing a person who offers for sale to a third party improved, single-family residential real property, for the first 30 days, to accept only an offer to purchase the property made by an individual, a community development organization, a nonprofit organization or a certain real estate enterprise; and altering the rate of the State transfer tax payable for an instrument of writing for a sale of certain residential real property under certain circumstances.

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Testimony (7)

MGA witness list
FAV 4FavorableUNF 3Unfavorable
PositionWitnessOrganizationTestimony
FAVSanderson, MichaelMaryland Association of Counties (MACo)Written (PDF)
FAVKern, JohnThe SOS FundOral
FAVAmprey, MarlonIndividualWritten (PDF)
FAVDelegate Amprey, Delegate AmpreylegislatorIndividualOral
UNFGraf, LorilobbyistMaryland Building Industry AssociationOral + Written (PDF)
UNFMcGee, ChristalobbyistMaryland RealtorsOral + Written (PDF)
UNFEnten, RobertMd Bankers AssocOral

Organizations on record

Registered lobbyists who testified

UNFGraf, LoriMaryland Building Industry AssociationRegistered for: Maryland Building Industry Association
UNFMcGee, ChristaMaryland RealtorsRegistered for: Maryland REALTORS; Maryland Association of Realtors