Budget Reconciliation and Financing Act of 2025 [HB-352]
Establishing or altering certain administrative penalties; altering or repealing certain required appropriations; authorizing the use of certain funds for certain purposes; establishing certain funds; authorizing, requiring, or altering the distribution of certain revenue; altering the rates and rate brackets under the State income tax on certain income of individuals; requiring certain groups of corporations to file a combined income tax return reflecting the aggregate income tax liability of all members of the group; etc.
HB-352: Budget Reconciliation and Financing Act of 2025
Sponsored by: No sponsors
Floor Amendment (delegate Grammer) Rejected (39-93) on 03/25/2025
Budget Reconciliation and Financing Act of 2025 [SB-321]
Establishing or altering certain administrative penalties; altering or repealing certain required appropriations; authorizing the use of certain funds for certain purposes; establishing certain funds; authorizing, requiring, or altering the distribution of certain revenue; altering the rates and rate brackets under the State income tax on certain income of individuals; requiring certain groups of corporations to file a combined income tax return reflecting the aggregate income tax liability of all members of the group; etc.
SB-321: Budget Reconciliation and Financing Act of 2025
Sponsored by: No sponsors
Hearing Canceled on 02/14/2025
Corporations and Associations - Annual Reports - Filing Fees (Right to Start Act) [HB-1314]
Requiring the State Department of Assessments and Taxation to waive the filing fee for certain annual reports for the first year that certain business entities are in existence; requiring that 25% of the fees collected be credited to the Child Care Scholarship Program Presumptive Eligibility Fund; requiring that for fiscal year 2025 25% of the fees collected be distributed to the Department of Education to provide grants under the Growing Family Child Care Opportunities Pilot Program; etc.
HB-1314: Corporations and Associations - Annual Reports - Filing Fees (Right to Start Act)
Sponsored by: Rep. Nicholaus Kipke
First Reading Economic Matters on 02/09/2024
Criminal Organizations - Criminal Prohibitions, Civil Actions, and Forfeiture [SB-1111]
Establishing the statute of limitations for a certain civil action for damages resulting from certain participation in a criminal organization; altering certain definitions of "criminal organization" and "underlying crime"; authorizing the filing of and establishing procedures for a civil action for injunctive relief and damages arising out of certain participation in a criminal organization; and establishing procedures for the forfeiture of property connected to certain participation in a criminal organization.
SB-1111: Criminal Organizations - Criminal Prohibitions, Civil Actions, and Forfeiture
Sponsored by: Sen. Charles Muse
Rereferred To Judicial Proceedings on 03/21/2024
Fair Share for Maryland Act of 2024 [HB-1007]
Altering a certain limit on the unified credit used for determining the estate tax for decedents dying on or after a certain date; altering a certain limitation on the amount of the estate tax for decedents dying on or after a certain date; requiring that certain sales of tangible personal property be included in the numerator of the sales factor used for apportioning a corporation's income to the State under certain circumstances; altering the State income tax rate on Maryland taxable income of certain individuals; etc.
HB-1007: Fair Share for Maryland Act of 2024
Sponsored by: Rep. Eric Ebersole
Hearing 2/22 At 1:00 P.m. on 02/06/2024
Procurement - Scrutinized Entities - Prohibition [HB-894]
Prohibiting an entity owned, operated, or controlled by the government of certain countries subject to an embargo under the International Traffic in Arms Regulations from participating in any procurement with the State, a local government in the State, a public instrumentality in the State, or any governmental unit in the State; requiring the Board of Public Works to make certain determinations and maintain and publish a certain list of scrutinized entities; preempting any local ordinance, rule, or regulation that conflicts with the Act; etc.
Fair Share for Maryland Act of 2024 [SB-766]
Altering a certain limit on the unified credit used for determining the estate tax for decedents dying on or after a certain date; altering a certain limitation on the amount of the estate tax for decedents dying on or after a certain date; requiring that certain sales of tangible personal property be included in the numerator of the sales factor used for apportioning a corporation's income to the State under certain circumstances; altering the State income tax rate on Maryland taxable income of certain individuals; etc.
SB-766: Fair Share for Maryland Act of 2024
Sponsored by: Sen. James Rosapepe
First Reading Budget And Taxation on 02/01/2024
Relating To Real Property. [HB-2542]
Prohibits foreign principals from acquiring real property in the State or any interest in real property in the State, except a de minimus indirect interest. Defines foreign principal. Requires a foreign principal that owns real property that was acquired before this measure's effective date to register the ownership with the Attorney General. Requires a buyer of real property to provide a signed affidavit attesting that the buyer is not a foreign principal. Authorizes the forfeiture of real property or an interest in real property that is owned
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HB-2542: Relating To Real Property.
Sponsored by: Rep. Diamond Garcia
Referred To Wal, Cpc, Fin, Referral Sheet 3 on 01/26/2024
Relating To Real Property. [SB-2617]
Requires the Legislative Reference Bureau to conduct a study and report on the forty-one states in the country that have enacted laws limiting the sale of real property to foreign individuals or entities, and how those laws and related constitutional precedents could inform demand-side regulations for the real estate market in Hawaii in favor of resident ownership, specifically owner-occupied resident ownership. Makes an appropriation. Declares that the general fund expenditure ceiling is exceeded. Takes effect 7/1/2040. (SD1)
SB-2617: Relating To Real Property.
Sponsored by: Sen. Jarrett Keohokalole
Referred To Wal/cpc, Fin, Referral Sheet 16 on 03/07/2024
Insurance - Holding Companies - Group Capital Calculation and Liquidity Stress Test [HB-252]
Requiring certain controlling persons of certain insurers in an insurance holding company system to file an annual group calculation as directed by the lead state commissioner of the insurance group; requiring certain controlling persons of certain insurers in an insurance holding company system to file the results of a liquidity stress test for specific data years; providing that certain information is confidential; and authorizing and requiring the Commissioner to take certain actions related to certain information.
HB-252: Insurance - Holding Companies - Group Capital Calculation and Liquidity Stress Test
Sponsored by: Rep.
Approved By The Governor - Chapter 121 on 04/09/2024
Task Force to Study E-Commerce Monopolies in the State (E-Commerce Antimonopoly Study of 2024) [HB-53]
Establishing the Task Force to Study E-Commerce Monopolies in the State to investigate the business practices and industry impacts of e-commerce businesses that individually have annual revenue exceeding $10,000,000,000, have a presence in the State, and are engaged in selling on their own online platforms first- and third-party products; requiring the Task Force to report its findings and recommendations to the General Assembly by December 1, 2024; etc.
HB-53: Task Force to Study E-Commerce Monopolies in the State (E-Commerce Antimonopoly Study of 2024)
Sponsored by: Rep. Chao Wu
Hearing 3/19 At 1:00 P.m. on 03/15/2024
Income Tax - Captive Real Estate Investment Trusts - Alterations [SB-968]
Altering the definition of "captive REIT" for purposes of a certain addition modification under the Maryland income tax in the amount of the federal dividends paid deduction for captive real estate investment trusts to exclude, under certain circumstances, corporations, trusts, or associations owned or controlled by certain qualified foreign entities and certain trusts owned or controlled by a listed Australian property trust.
SB-968: Income Tax - Captive Real Estate Investment Trusts - Alterations
Sponsored by: Sen. Nancy King
Approved By The Governor - Chapter 478 on 05/08/2023
Agricultural Land - Foreign Property Interests - Restrictions [HB-842]
Prohibiting foreign persons from purchasing, leasing, or otherwise acquiring certain interests in agricultural land in the State on or after October 1, 2023; and providing that the transfer of a certain interest in agricultural land to a foreign person is void as against the public policy of the State.
HB-842: Agricultural Land - Foreign Property Interests - Restrictions
Sponsored by: Rep. Nicholaus Kipke
Withdrawn By Sponsor on 03/18/2023
Real Estate Investment Trust Modernization Act [SB-258]
Requiring a real estate investment trust to establish its name in a certain manner and have an office in this State and a resident agent; providing for the formation, organization, registration, operation, and termination of foreign real estate investment trusts; requiring the State Department of Assessments and Taxation to register a foreign real estate investment trust in a certain manner; authorizing, under certain circumstances, a foreign real estate investment trust to do business in this State; etc.
SB-258: Real Estate Investment Trust Modernization Act
Sponsored by: Sen. Brian Feldman
Withdrawn By Sponsor on 02/08/2022