2009 Regular Session

HOUSE BILL 465

File Code: Taxes - Income Crossfiled with: SENATE BILL 453
Sponsored By:
Delegate Ross
Entitled:
Income Tax - Payments - Sale of Real Property by Nonresidents

Synopsis:

Setting the rate of tax that must be paid to the clerk of the circuit court for a county or to the Department of Assessments and Taxation before the recording of specified deeds for the sale of property to be 7.5% of the total payment to a nonresident or 8.25% of the total payment to a nonresident entity.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/4
First Reading Ways and Means
2/11
Hearing 2/18 at 1:00 p.m.
Senate Action
No Action

Bill indexed under the following Subjects:

Deeds
Income Tax
Nonresidents -see also- Aliens
Real Property
Recordation

Bill affects the following Statute:

Tax - General
( 10-912 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered