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HB 1188

Maryland House of Delegates bill in Session 2026.

Status: introduced. Latest action: May 15, 2026.

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

Bill ID MD-2026-HB-1188
Session 2026
Status introduced
Committee Ways and Means
House of Delegates introduced 2026-05-15
Tax / Budget / Appropriations
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
Actions Timeline
Date Event Detail
2026-02-11 Introduced Bill introduced
2026-02-11 Status introduced
2026-05-15 Latest Action In the House - Hearing 3/05 at 1:00 p.m.
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