{"data":{"id":"us-md/md.-code-tax-property-12-119","jurisdiction":"us-md","citation":"Md. Code, Tax - Property § 12–119","heading":"","body":"On or before July 1, 2025, and each July 1 thereafter, the collector or the clerk of the circuit court for the county, whichever is designated to collect recordation tax for the county, shall submit a report, in accordance with § 2–1257 of the State Government Article, to the Senate Budget and Taxation Committee and the House Ways and Means Committee that includes, for the immediately preceding fiscal year:\n(1) the total number of indemnity mortgages recorded that were exempt from recordation tax under § 12–105(f)(7)(iii)2 of this title;\n(2) the amount of debt secured by each indemnity mortgage that was exempt from recordation tax under § 12–105(f)(7)(iii)2 of this title; and\n(3) the amount of recordation tax revenue forgone due to the indemnity mortgage exemption from recordation tax under § 12–105(f)(7)(iii)2 of this title.","path":["Article - Tax - Property"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtp\u0026section=12-119","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:01:27Z","sha256":"cbe23ea730f635de9beff68e8894653bba03c53a4dab4ef79545fc0c207451c0","source_id":"us-md","stale":false,"prev":"us-md/md.-code-tax-property-12-118","next":"us-md/md.-code-tax-property-13-101"},"notice":"GroundRules: Original legal text. Not legal advice."}