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HB 1188

Maryland - Session 2026

House of Delegates introduced 2026-04-04
Bill Details

Title: Excess Ownership of Single-Family Residences Excise Tax (End Hedge Fund Control of Maryland Homes Act of 2026)

Summary

Imposing an excise tax on the acquisition and excess ownership of certain single-family residences in the State by certain entities; providing for the calculation, collection, and distribution of the excise tax; establishing the Down Payment and Settlement Expense Loan Program Fund, which may be used only to provide financing for down payment and settlement expenses to enable eligible homebuyers to purchase homes; etc.

Sponsor
Delegate Boafo
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2026-02-11 Introduced Bill introduced
2026-02-11 Status introduced
2026-04-04 Latest Action In the House - Hearing 3/05 at 1:00 p.m.
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