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HB 602·MD·house

Baltimore County - Transfer Tax - Exemption for First-Time Home Buyers

FailedFiled Jan 28, 2026
Sponsor: R. Long
Latest Action

Hearing (House)

Feb 10, 2026

Summary

The bill eliminates the Baltimore County transfer tax on deeds that transfer improved residential real property to qualifying first‑time Maryland home buyers who will occupy the home as their principal residence. It also provides an exemption for co‑makers or guarantors of purchase‑money mortgages who do not live in the home. The goal is to lower the cost of buying a first home.

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Hearings

History

  1. Hearing 2/10 at 1:00 p.m.
  2. First Reading Ways and Means

Sponsors

  • R. Long · sponsor
  • Mangione

Bill text

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