Section 13-402.1 - County transfer tax on instruments of writing.
§ 13-402.1. County transfer tax on instruments of writing.
(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.
[1988, ch. 327; 1989, ch. 5, § 1.]