Sale of Residential Property - Taxes and Offers to Purchase (End Hedge Fund Control of Maryland Homes Act of 2025)
What this bill does
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.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (0)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Stewart, Frances | Elders Climate Action Maryland | Position only |
| FAV | Butchko, Dominic | Maryland Association of Counties (MACo) | Written (PDF) |
| FAV | Turner, Albert | Renters United Maryland | Oral + Written (PDF) |
| FAV | Amprey, Marlon | Individual | Oral |
| FAV | Boafo, Delegate Adrian | Individual | Written (PDF) |
| FAV | Delegate Boafo, Delegate Boafolegislator | Individual | Oral |
| UNF | Enten, robert | Maryland Building Industry Assoc | Oral |
| UNF | Graf, Lorilobbyist | Maryland Building Industry Association | Written (PDF) |
| UNF | Glazer, Mark | Maryland Land Title Association | Written (PDF) |
| UNF | May, Lisalobbyist | Maryland REALTORS | Oral + Written (PDF) |
| UNF | Lang, Alan | Individual | Position only |