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Legislation


1999 Regular Session

HOUSE BILL 925

File Code: Recordation and Transfer
Sponsored By:
Delegate Minnick
Entitled:
State Transfer Tax - Exemption

Synopsis:

Exempting the first $30,000 of the consideration paid for transfers of residentially improved owner-occupied real property located in the Metropolitan District from the State transfer tax; requiring that the exemption be applied against the State transfer tax payment by the grantee for a purchase of real property; and providing or an exception where the grantor has agreed to pay the entire State transfer tax.

History by Legislative Date

House Action
2/12
First Reading Ways and Means
2/17
Hearing 3/11 at 1:00 p.m.
3/22
Unfavorable Report by Ways and Means
Senate Action
No Action
Bill indexed under the following Subjects:
BALTIMORE COUNTY
EXEMPTIONS
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
TRANSFER TAX -see also- RECORDATION
Bill affects the following Statute:
Tax - Property
( 13-203 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered
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