MD Rental license restrictions - new proposed law

[Alex Failaev]

Has anyone in the Maryland area heard about the new law that was introduced on 2/7/20 to allow for the limitation of rental licenses being issued?

HB1199 is the name - just sent to us by our local SOPOA to make us aware

[Ruth Lyons]

PROPOSED: Requiring each county to establish a program to license certain residential rental properties on or before September 30, 2021; authorizing a county to create certain exceptions to rental property license requirements; requiring each county to establish a limit on the number of rental property licenses that may be issued; prohibiting a county from issuing new rental property licenses after a certain limit has been reached, subject to an exception for certain property that has been in continuous operation as a rental property; etc.

Until it's passed, it it passes, nothing to worry about in my humble opinion. The truth is there's a shortage of affordable housing in most counties. Hopefully the legislators will see that landlord restrictions have a direct impact on the supply of affordable housing...