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HB 1398·MD·house

State Transfer Tax - Temporary Suspension

In CommitteeFiled Feb 13, 2026
Sponsor: Nawrocki
Latest Action

In the House - Hearing 3/03 at 1:00 p.m.

Mar 3, 2026

Summary

The bill eliminates the state transfer tax on recorded or filed property instruments for a three‑year period, starting July 1 2026 and ending June 30 2029. It applies to anyone who transfers real‑estate or other taxable instruments during that time, removing the tax cost from those transactions. The measure is intended to lower transaction expenses and potentially boost the housing market.

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