Maryland 2026 Session Status: Introduced 2 D cosponsors

HB1188 — Excess Ownership of Single-Family Residences Excise Tax (End Hedge Fund Control of Maryland Homes Act of 2026)

Last action — Hearing (Primary, House of Origin)

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House of Delegates
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the House of Delegates. Introduced February 11, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Not enough signal yet

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

This bill imposes a tax on certain entities owning multiple single-family homes in Maryland.

The bill targets hedge funds and similar entities that acquire numerous single-family residences by imposing an excise tax. It also establishes a fund to help eligible homebuyers with down payments and settlement expenses.

What this means for you
  • Families: This means families can access financial assistance for down payments, making homeownership more attainable.
  • Consumers: Consumers may see a decrease in hedge fund-owned homes, leading to a more balanced housing market.

Summary

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.

Bill Text

We don't have the full text on file for this bill yet.

Read HB1188 on the official Maryland source →

Action History

  1. Hearing (Primary, House of Origin)

  2. First Reading (House of Origin)

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 186 not signed on

Sponsors (1)

Co-sponsors (1)

Not signed on (186)

186 members have not signed on to this bill.

Show all 186 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB1188 do?
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.
Who sponsors HB1188?
HB1188 is sponsored by Delegate Adrian Boafo (Democrat) and Delegate Marlon Amprey (Democrat).
What is the current status of HB1188?
This bill has been introduced in the House of Delegates. Introduced February 11, 2026. It must pass committee before a floor vote.
Where can I track HB1188?
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Last checked for changes 1 day ago · updated continuously

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