State Transfer Tax - Exemption for Real Property Used as Principal Residence
Sponsor: Brian Chisholm (District 31)Committee: Ways and MeansSubject: Taxes - Recordation and TransferStatus: Hearing 2/21 at 1:00 p.m. (as of Nov 9, 2023)
What this bill does
Official synopsis
Exempting from the State transfer tax instruments of writing that transfer real property to individuals who will use the real property as a principal residence for consideration that is $350,000 or less.
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Testimony (13)
MGA witness listFAV 10FavorableUNF 3Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Ryan, Wendy | Citizen | Position only |
| FAV | Duffy, Suzanne | Concerned Citizen | Position only |
| FAV | Graf, Lorilobbyist | Maryland Building Industry Association | Written (PDF) |
| FAV | McGee, Christalobbyist | Maryland Realtors | Written (PDF) |
| FAV | Delegate Chisholm, Delegate Chisholmlegislator | Individual | Oral |
| FAV | Katz, Janet | Individual | Position only |
| FAV | Lang, Alan | Individual | Position only |
| FAV | Lee, Mickey | Individual | Position only |
| FAV | Mills, Kim | Individual | Oral |
| FAV | Sirkel, Robin | Individual | Position only |
| UNF | Bowling, Jr., Gilbert | Farmer MD | Written (PDF) |
| UNF | Knebel, Sarah | Scenic Rivers Land Trust | Oral |
| UNF | Jones, Annlobbyist | Individual | Oral + Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVGraf, LoriMaryland Building Industry AssociationRegistered for: Maryland Building Industry Association
FAVMcGee, ChristaMaryland RealtorsRegistered for: Maryland REALTORS; Maryland Association of Realtors