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MD HB938

MD HB938
Real Property Transfer–on–Death Deed Task Force


summary

Introduced
02/02/2021
In Committee
02/02/2021
Crossed Over
Passed
Dead
04/12/2021

Introduced Session

2021 Regular Session

Bill Summary

Establishing the Real Property Transfer-on-Death Deed Task Force to study other jurisdictions that have implemented the use of a transfer-on-death deed for real property; providing for the composition, chair, and staffing of the Task Force; requiring the Task Force to study and make recommendations regarding the implementation of a transfer-on-death deed in the State; requiring the Task Force to report its findings and recommendations to the Governor and the General Assembly by December 1, 2022; etc.

AI Summary

This bill establishes the Real Property Transfer-on-Death Deed Task Force to study the implementation of a transfer-on-death deed for real property in the state. The Task Force consists of various members, including state officials, representatives from advocacy organizations, and members of the Maryland State Bar Association. The Task Force is required to study other jurisdictions that have implemented such deeds, evaluate the potential benefits and implications, and make recommendations regarding the implementation of a transfer-on-death deed in Maryland. The Task Force must report its findings and recommendations to the Governor and the General Assembly by December 1, 2022. The bill is effective for a period of 2 years, until June 30, 2023.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Hearing 2/19 at 1:30 p.m. (on 02/04/2021)

bill text


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