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SB 33

Maryland Senate bill in Session 2026.

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

Recordation and Transfer Taxes - Exemption for Related Business Entities - Common Law Trusts.

Bill ID MD-2026-SB-33
Session 2026
Status introduced
Committee Budget and Taxation
Senate introduced 2026-05-15
Business / Commerce Tax / Budget / Appropriations
Summary

Altering an exemption from the recordation tax and State and county transfer tax for transfers between related business entities to include transfers involving common law trusts; and applying the Act to instruments of writing recorded on or after July 1, 2026.

Sponsor
Senator West
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-14 Introduced Bill introduced
2026-01-14 Status introduced
2026-05-15 Latest Action In the Senate - Hearing 1/21 at 10:00 a.m.
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