Maryland legislation · 2026 Regular Session
Maryland SB939: Bankruptcy Proceedings - Exemptions From Execution - Residential Real Property
Status: Signed into law, May 12, 2026
Providing that the exemption for owner-occupied residential real property in a bankruptcy proceeding includes certain real property held in a revocable trust; and altering the amount of the exemption for owner-occupied residential real property in a bankruptcy proceeding.
What the bill says
An act concerning Bankruptcy Proceedings - Exemptions From Execution - Residential Real Property FOR the purpose of providing that the exemption for exempting certain providing that the exemption for owner-occupied residential real property from execution on a judgment in certain amounts and subject to certain adjustments in a bankruptcy proceeding includes certain real property held in a revocable trust; altering the amount of the exemption for owner-occupied residential real property in a bankruptcy proceeding includes certain real property held in a revocable trust…
From the enrolled text, May 18, 2026:
AN ACT concerning Bankruptcy Proceedings - Exemptions From Execution - Residential Real Property FOR the purpose of providing that the exemption for exempting certain providing that the exemption for owner-occupied residential real property from execution on a judgment in certain amounts and subject to certain adjustments in a bankruptcy proceeding includes certain real property held in a revocable trust; altering the amount of the exemption for owner-occupied residential real property in a bankruptcy proceeding includes certain real property held in a revocable trust; altering the amount of the exemption for owner-occupied residential real property in a bankruptcy proceeding; and generally relating to debtor exemptions and bankruptcy proceedings. BY repealing and reenacting, without amendments, Article - Estates and Trusts Section 14.5-103(a), (v), and (w) Annotated Code of Maryland (2022 Replacement Volume and 2025 Supplement) BY repealing and reenacting, with amendments, Article - Courts and Judicial Proceedings Section 11-504(a) and (f) (b) (f) Annotated Code of Maryland (2020 Replacement Volume and 2025 Supplement) BY repealing and reenacting, without amendments, Article - Courts and Judicial Proceedings Section 11-504(g) Annotated Code of Maryland (2020 Replacement Volume and 2025 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, That the Laws of Maryland read as follows: Article - Estates and Trusts 14.5-103. (a) In this title the following words have the meanings …