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2007 house journal index of days - Maryland General Assembly

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Feb. 6, <strong>2007</strong> <strong>Maryland</strong> House <strong>of</strong> Delegates 369<br />

Read the first time and referred to the Committee on Economic Matters.<br />

House Bill 465 – Delegate James<br />

AN ACT concerning<br />

Real Property – Conservation Easements – Notification <strong>of</strong> Buyers<br />

FOR the purpose <strong>of</strong> requiring a seller <strong>of</strong> real property to provide copies <strong>of</strong> any<br />

conservation easements encumbering the property to the buyer within a certain<br />

time; requiring a contract for the sale <strong>of</strong> real property encumbered by a<br />

conservation easement to contain a certain notice; requiring the buyer <strong>of</strong> certain<br />

real property to provide certain notice to the owner <strong>of</strong> a conservation easement;<br />

providing that the seller and buyer are entitled to rely on a conservation easement<br />

recorded in the land records in satisfying certain requirements; providing for<br />

certain exceptions; defining certain terms; and generally relating to the sale <strong>of</strong> real<br />

property encumbered by a conservation easement.<br />

BY adding to<br />

Article – Real Property<br />

Section 10–705<br />

Annotated Code <strong>of</strong> <strong>Maryland</strong><br />

(2003 Replacement Volume and 2006 Supplement)<br />

Read the first time and referred to the Committee on Environmental Matters.<br />

House Bill 466 – Delegate James<br />

AN ACT concerning<br />

<strong>Maryland</strong> Estate Tax – Exclusion for Qualified Conservation Easements<br />

FOR the purpose <strong>of</strong> altering for purposes <strong>of</strong> the <strong>Maryland</strong> estate tax the determination <strong>of</strong><br />

the amount <strong>of</strong> a certain exclusion allowed under the federal estate tax for qualified<br />

conservation easements; providing for the application <strong>of</strong> this Act; and generally<br />

relating to the determination <strong>of</strong> the <strong>Maryland</strong> estate tax.<br />

BY repealing and reenacting, with amendments,<br />

Article – Tax – <strong>General</strong><br />

Section 7–309(b)(1) and (2)<br />

Annotated Code <strong>of</strong> <strong>Maryland</strong><br />

(2004 Replacement Volume and 2006 Supplement)<br />

BY adding to

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