# Maryland HB 0085: Corporations and Associations - Cooperative Limited Equity Housing Corporations - Establishment Maryland HB 0085, Corporations and Associations - Cooperative Limited Equity Housing Corporations - Establishment, is a 2026 Regular Session House bill sponsored by Lorig Charkoudian (Democratic); status signed, last action 2026-04-28 (Approved by the Governor - Chapter 260); PRIA reads it as touching household money (as of 2026-10-11). - Canonical: https://policyrisk.com/state-bill/MD-HB0085-2026RS - As of: 2026-10-11 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Maryland HB 0085 - State: Maryland - Session: 2026 Regular Session - Title: Corporations and Associations - Cooperative Limited Equity Housing Corporations - Establishment - Status: signed - Chamber: House - Introduced: 2025-09-17 - Last action: 2026-04-28, Approved by the Governor - Chapter 260 - Sponsor: Lorig Charkoudian (Democratic) - Cosponsors: 0 - Subjects: Corporations and Associations, Real Property, Associations -see also- Cooperative Associations, Building Codes, Cooperative Associations, Corporations -see also- Municipal Corps; Public Corps & Inst, Disclosure, Elderly Persons (65+) -see also- Elder Abuse and Neglect, Grants, Housing and Community Development, Department of, Laws and Ordinances -see also- Pub Local Laws; Uniform Laws, Leases and Rent, Low-Income, Moderate-Income, Notices, Penalties and Sentences -see also- Death Penalty, Real Estate -see also- Agents and Brokers, Reimbursements, Rules and Regulations, Voting -see also- Absentee and Mail-In Voting, Zoning and Planning - Touches household money: yes - Roll calls: 2 (138 yes, 41 no in all) - Economic provisions PRIA read: 4 ## Summary No summary available. ## Bill overview: provisions PRIA read - Purchase rights and moving protections for renters: benefit, medium. Beginning October 1, 2026, converted cooperatives must promptly notify households and offer eligible tenants a cooperative interest. Eligible households must have lived there legally on the conversion date and for at least 180 days beforehand. An offer counts as rejected unless accepted within 89 d… - New path to resident-run housing cooperatives: benefit, low. Beginning October 1, 2026, Maryland nonstock corporations can convert acquired rental buildings into limited-equity housing cooperatives. These cooperatives have one membership class and own or lease residential property. Before voting, members must receive notice and copies of the documents submit… - Grants and fewer barriers for housing cooperatives: benefit, low. Beginning October 1, 2026, Maryland’s housing department must create a grant program helping Maryland nonstock corporations establish limited-equity housing cooperatives. No grant amount or appropriation is specified in this provision. Local building and zoning rules still apply, but must treat coo… - Affordable cooperative housing with limited resale gains: mixed, medium. Beginning October 1, 2026, at least 75% of counted cooperative members must belong to low-income households; the rest must be moderate-income. Low-income means income at or below 80% of the area median for the same household size. Moderate-income means above 80% and at or below 120%. Households acq… ## Sponsors and cosponsors - Sponsor: Lorig Charkoudian (Democratic), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-04-13 | Senate | Third Reading Passed | pass | 35 | 8 | 3 | | 2026-02-26 | House | Third Reading Passed | pass | 103 | 33 | | ## Actions (14) - 2026-04-28: Approved by the Governor - Chapter 260 - 2026-04-13: Returned Passed (House) - 2026-04-13: Third Reading Passed (35-8) (Senate) - 2026-04-09: Second Reading Passed (Senate) - 2026-04-09: Favorable Adopted (Senate) - 2026-04-09: Favorable Report by Judicial Proceedings (Senate) - 2026-02-27: Referred Judicial Proceedings (Senate) - 2026-02-26: Third Reading Passed (103-33) (House) - 2026-02-25: Second Reading Passed with Amendments (House) - 2026-02-25: Favorable with Amendments {833122/1 Adopted (House) - 2026-02-24: Favorable with Amendments Report by Economic Matters (House) - 2026-01-19: Hearing 2/10 at 1:00 p.m. (House) - 2026-01-14: First Reading Economic Matters (House) - 2025-09-17: Pre-filed (House) ## Bill text - Enacted, 2026-04-28: [PDF](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_260_hb0085t.pdf) - Third Reading, 2026-02-25: [PDF](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0085t.pdf) - First Reading, 2026-01-14: [PDF](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0085f.pdf) ## Related bills - SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - Authorization (became law) - SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishment (became law) - SB 0244: Code Revision - Health - Maryland Medical Assistance Program (became law) - SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-1 Specialists Act) (became law) - SB 0016: Child Support - Earnings Withholdings Limits (became law) - HB 0529: Code Revision - Health - Maryland Medical Assistance Program (became law) ## Sources - [Enacted (PDF)](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_260_hb0085t.pdf) - [Third Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0085t.pdf) - [First Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0085f.pdf) ## Related - [SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - A…](https://policyrisk.com/state-bill/MD-SB0496-2026RS) - [SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishm…](https://policyrisk.com/state-bill/MD-SB0366-2026RS) - [SB 0244: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-SB0244-2026RS) - [SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-…](https://policyrisk.com/state-bill/MD-SB0148-2026RS) - [SB 0016: Child Support - Earnings Withholdings Limits](https://policyrisk.com/state-bill/MD-SB0016-2026RS) - [HB 0529: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-HB0529-2026RS) - [Maryland bills](https://policyrisk.com/states/maryland/bills) - [Maryland state hub](https://policyrisk.com/states/maryland) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/MD-HB0085-2026RS (as of 2026-10-11).