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New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

Despite the Coronavirus pandemic concern shortened session, the legislature acted on 1,664 House bills and 12 resolutions and 1,081 Senate bills and 6 resolutions with 667 bills passing both chambers before they adjourned sine die on March 18, 2020. and possibly more fun) legislative activity than is found below. Ground Leases.

Maryland 227
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45L Energy Efficient Home Tax Credit Extended for 2021 by Covid Relief Bill

Green Building Law Update

Section 45L(g) is amended by striking ‘‘December 31, 2020’’ and inserting ‘‘December 31, 2021’’. (b) The amendment made by this section shall apply to homes acquired after December 31, 2020. The tax credit can even be claimed retroactively for past years. ENERGY EFFICIENT HOMES CREDIT. (a) a) IN GENERAL.—Section

Leases 280
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Maryland Enacts New Environmental Laws in 2020

Green Building Law Update

The 440th session of the Maryland General Assembly commenced on January 8, 2020. Despite the abridged session, the legislature acted on 1,664 House bills and 12 resolutions and 1,081 Senate bills and 6 resolutions with 667 bills passing both chambers before they adjourned sine die on March 18, 2020. Mary’s for 90 days).

Maryland 156
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Maryland Enacts New Environmental Laws in 2020

Green Building Law Update

The 440th session of the Maryland General Assembly commenced on January 8, 2020. Despite the abridged session, the legislature acted on 1,664 House bills and 12 resolutions and 1,081 Senate bills and 6 resolutions with 667 bills passing both chambers before they adjourned sine die on March 18, 2020. Mary’s for 90 days).

Maryland 156
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No Free Warranty: Connecticut Court Adopts Correction or Repair Test

Constructlaw

a Connecticut court considered for the first time whether the performance of warranty work tolls the statute of limitations on payment bond claims. s (ALS’s) bond claim because ALS admitted that it last performed non-warranty work on the project more than one year before filing suit, meaning the statute of limitations barred its claim.

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LEED can Mitigate Legal Risks in ESG Disclosures

Green Building Law Update

And today environmental groups are alleging greenwashing and intentional misrepresentation, including claims in contravention of the Federal Trade Commission Green Guides, targeting companies making ESG assertions. It is not Hester Prynne’s “A” for adultery in Puritan Massachusetts Bay Colony in 1642, but rather ESG in America in 2020.

Legal 156
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Companies are Preparing for ESG Disclosure Rules

Green Building Law Update

There has been relatively little judicial redress arising from ESG claims (largely attributable to a robust stock market in recent years) and much of it involving bad facts in extreme instances (i.e., yes, obviously pre Biden Administration) that the SEC was scrutinizing whether ESG claims “are at odds with reality.” Recent U.S.