HB 1029 — Maryland
Real Property - Termination of Residential Real Estate Contracts - Contingency Clauses
Altering the definition of "contingency clause" as the term applies to the circumstances under which a residential real estate contract may be terminated by a purchaser; and altering the time period from 30 days to 5 days, within which a holder of trust money must distribute trust money to a purchaser.
Latest action: Referred Judicial Proceedings · Mar 23, 2026
Synopsis written by the legislature's own staff, as published on the official bill page. Status label is derived from the recorded actions. The full text below is the record.
Committees: Economic Matters (House of Delegates); Judicial Proceedings (Senate)
Updated Mar 27, 2026
Timeline
First Reading Economic Matters
Feb 9, 2026 · House of Delegates
Hearing 3/05 at 1:00 p.m.
Feb 17, 2026 · House of Delegates
Hearing canceled
Mar 3, 2026 · House of Delegates
Hearing 3/05 at 1:30 p.m.
Mar 3, 2026 · House of Delegates
Favorable Report by Economic Matters
Mar 20, 2026 · House of Delegates
Favorable Adopted Second Reading Passed
Mar 20, 2026 · House of Delegates
Third Reading Passed
Mar 21, 2026 · House of Delegates
Referred Judicial Proceedings
Mar 23, 2026 · Senate
Sponsored by Denise Roberts, Mike Griffith, Andrea Harrison, Andre Johnson, Edith Patterson, Kym Taylor, Karen Toles, Veronica Turner, Jennifer White Holland, Greg Wims, Jamila Woods
House of Delegates vote — 126–0
On Third Reading · Mar 9, 2026 · result: pass
126 yea · 0 nay · 15 absent, excused, abstain or not voting
Official records. Maryland legislators, bills and roll-call votes from the Maryland General Assembly, imported through Open States on Oct 27, 2026 (partial import — not yet the full session). Accuracy review against the official site is still under way. Campaign-finance records for Maryland are not imported yet.