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2007 Regular Session bill information current as of October 3, 2007 - 11:20 p.m.
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SENATE BILL 397

File Code: Real Property
Crossfiled with: HOUSE BILL 452

Sponsored By:
Senators Gladden, Della, McFadden, and Pugh

Entitled:
Ground Rents - Conversion of Irredeemable Ground Rents

Synopsis:

Providing for the conversion of an irredeemable ground rent to a redeemable ground rent unless a notice of intention to preserve irredeemability is recorded in the land records on or before December 31, 2010; providing for the filing of renewal notices and the extension of the period of effectiveness of a filed notice; establishing the sum for which a converted ground rent may be redeemed; etc.

History by Legislative and Calendar Date Explain Legislative Date and Calendar Date

Senate Action
2/2
First Reading Judicial Proceedings
2/7
Hearing 2/28 at 1:00 p.m.
3/19
Favorable with Amendments Report by Judicial Proceedings
3/20
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/22
Third Reading Passed (47-0)
4/1
Returned Passed
House Action
3/19
First Reading Environmental Matters
3/27
Hearing 3/30 at 1:00 p.m.
4/5
Favorable Report by Environmental Matters
3/30
Favorable Report Adopted
Second Reading Passed
3/31
Third Reading Passed (139-0)
Action after passage in Senate and House
5/17
Vetoed by the Governor (Duplicative)

Sponsored by:

Senator Lisa A. Gladden, District 41
Senator George W. Della, Jr., District 46
Senator Nathaniel J. McFadden, District 45
Senator Catherine E. Pugh, District 40

Bill indexed under the following Subjects:

Excise Tax
Exemptions
Fees -see also- Devt Fees and Taxes; Reimbursement Rates
Landlord and Tenant -see also- Eviction; Leases & Rent; etc.
Land Records -see also- Deeds
Leases and Rent
Notices
Real Property
Recordation

Bill affects the following Statute:

Real Property
( 8-110.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments (Displayed in PDF Format):
Senate
Number: 998071/01     Offered on: March 20, 2007   at: 10:57 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):
Senate
March 22, 2007: Third Reading Passed (47-0)
House
March 31, 2007: Third Reading Passed (139-0)



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