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Legislation


1997 Regular Session

HOUSE BILL 666

File Code: Recordation and Transfer
Sponsored By:
Delegates Finifter and Klausmeier
Entitled:
Recordation and Transfer Taxes - Transfers From Partnerships to One or More Limited Liability Companies

Synopsis:

Altering an exemption from the recordation and the State and county transfer taxes for instruments of writing that transfer title to real property from a partnership so that it applies if the transfer is to one or more limited liability companies that meet specified criteria.

Legislative History

House Action
1/30
First Reading Ways and Means
2/12
Hearing 2/27 at 1:00 p.m.
2/21
Hearing cancelled
3/10
Withdrawn
Senate Action
No Action
Sponsored by:
Delegate Michael J. Finifter, District 11
Delegate Katherine Klausmeier, District 8
Bill indexed under the following Subjects:
COMMERCE AND BUSINESS -see also- SMALL BUSINESS
EXEMPTIONS
LIABILITY -see also- GOOD SAMARITAN
PARTNERSHIPS
REAL PROPERTY
RECORDATION -see also- TRANSFER TAX
REVENUE AND TAXES -see also specific taxes -
TRANSFER TAX -see also- RECORDATION
Bill affects the following Statutes:
Tax - Property
( 12-108 , 13-207 , 13-405 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Not available at this time
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