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MD HB810

MD HB810
State Department of Assessments and Taxation - Blockchain-Based Real Property Title Pilot Program - Establishment


summary

Introduced
02/04/2026
In Committee
02/04/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Establishing the Blockchain-Based Real Property Title Pilot Program in the State Department of Assessments and Taxation to explore the use of blockchain technology for securely recording and verifying real property ownership and to assess its potential for use by law enforcement and courts in resolving real property disputes involving squatting.

AI Summary

This bill establishes a pilot program within the State Department of Assessments and Taxation to explore the use of blockchain technology, which is a secure and transparent way to record and store data, for managing real property titles. The program aims to create a blockchain registry to record and verify "digital titles," which are cryptographically secured representations of property ownership, and will allow property owners in up to three selected counties to opt into having their titles mirrored on the blockchain. This initiative will also assess how this technology can help law enforcement and courts resolve disputes, particularly those involving "squatting," which is the unauthorized occupation of property. The Department will coordinate with various state and local agencies, including the judiciary and law enforcement, to develop the registry, test smart contract capabilities for transactions, and educate users, with a report on the program's findings and recommendations for statewide adoption due by the end of 2028.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (10)

Last Action

House Economic Matters Hearing (13:00:00 2/26/2026 ) (on 02/26/2026)

bill text


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