§ 13-402.1. County transfer tax on instruments of writing

Latest version.

   (a) Imposition of tax. -- The governing body of a county that has adopted home rule powers under Article XI-F of the Maryland Constitution may impose a transfer tax on an instrument of writing:

   (1) recorded with the clerk of the circuit court for the county; or

   (2) filed with the Department.

(b) Amount of tax. -- A transfer tax imposed under this section:

   (1) may not exceed 0.5%; and

   (2) does not apply to an instrument of writing exempt from the State transfer tax under § 13-207 of this title.

HISTORY: 1988, ch. 327; 1989, ch. 5, § 1.

                    
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