HB1188Introduced in the House of Delegates
Excess Ownership of Single-Family Residences Excise Tax (End Hedge Fund Control of Maryland Homes Act of 2026)
Introduced by Adrian Boafo, District 23
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Imposing an excise tax on the acquisition and excess ownership of certain single-family residences in the State by certain entities; providing for the calculation, collection, and distribution of the excise tax; establishing the Down Payment and Settlement Expense Loan Program Fund, which may be used only to provide financing for down payment and settlement expenses to enable eligible homebuyers to purchase homes; etc.
Where it stands
Hearing 3/05 at 1:00 p.m.
February 12, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
First Reading Ways and Means
Hearing 3/05 at 1:00 p.m.
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