1. (a) The governing body of a county that has adopted home rule powers under Article XI-F of the Maryland Constitution may impose a transfer tax on an instrument of writing:

   1. (1) recorded with the clerk of the circuit court for the county; or
   2. (2) filed with the Department.

2. (b) A transfer tax imposed under this section:

   1. (1) may not exceed 0.5%; and
   2. (2) does not apply to an instrument of writing exempt from the State transfer tax under § 13-207 of this title.

Added by Acts 1988, c. 327; Acts 1989, c. 5, § 1.