File Code: Taxes - Recordation and Transfer
Prior Year Introduction As: HB 1/05 - W&M & APP
- Sponsored By:
-
Delegates Healey, Barkley, Bozman, Bronrott, Burns, Busch,
G. Clagett, V. Clagett, Conroy, C. Davis, Doory, Frush, Gaines,
Goodwin, Gordon, Griffith, Haynes, Heller, Hixson, Howard, Hubbard,
James, Kaiser, King, Lee, Love, Madaleno, Mandel, Marriott, Menes,
Montgomery, Niemann, Patterson, Pendergrass, Petzold, Quinter, Ross,
and F. Turner
- Entitled:
-
Public School Construction Assistance Act of 2006
Imposing recordation and transfer taxes on the transfer of controlling
interest in an entity that owns interests in real property in Maryland
that constitute at least 80% of the value of the entity's assets and
have an aggregate value of at least $1,000,000; requiring specified
local recordation tax revenues and specified State transfer tax
revenues for fiscal 2006 through 2009 to be dedicated to public school
construction and renovation; etc.
House Action
- 2/10
- First Reading Ways and Means & Appropriations
- 2/22
- Hearing 3/7 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Anne Healey, District 22
- Delegate Charles Barkley, District 39
- Delegate K. Bennett Bozman, District 38B
- Delegate William A. Bronrott, District 16
- Delegate Emmett C. Burns, Jr., District 10
- Delegate Michael E. Busch, District 30
- Delegate Virginia P. Clagett, District 30
- Delegate Galen R. Clagett, District 3A
- Delegate Mary A. Conroy, District 23A
- Delegate Clarence Davis, District 45
- Delegate Ann Marie Doory, District 43
- Delegate Barbara Frush, District 21
- Delegate Tawanna P. Gaines, District 22
- Delegate Marshall T. Goodwin, District 40
- Delegate Michael R. Gordon, District 17
- Delegate Melony G. Griffith, District 25
- Delegate Keith E. Haynes, District 44
- Delegate Henry B. Heller, District 19
- Delegate Sheila E. Hixson, District 20
- Delegate Carolyn J. B. Howard, District 24
- Delegate James W. Hubbard, District 23A
- Delegate Mary-Dulany James, District 34A
- Delegate Anne R. Kaiser, District 14
- Delegate Nancy J. King, District 39
- Delegate Susan C. Lee, District 16
- Delegate Mary Ann E. Love, District 32
- Delegate Richard S. Madaleno, Jr., District 18
- Delegate Adrienne A. Mandel, District 19
- Delegate Salima Siler Marriott, District 40
- Delegate Pauline H. Menes, District 21
- Delegate Karen S. Montgomery, District 14
- Delegate Doyle L. Niemann, District 47
- Delegate Obie Patterson, District 26
- Delegate Shane E. Pendergrass, District 13
- Delegate Carol S. Petzold, District 19
- Delegate Neil F. Quinter, District 13
- Delegate Justin D. Ross, District 22
- Delegate Frank S. Turner, District 13
Bill indexed under the following Subjects:
- ASSESSMENTS AND TAXATION, DEPARTMENT OF
- ASSOCIATIONS -see also- COOPERATIVE ASSOCIATIONS
- CONSTRUCTION
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
- EXEMPTIONS
- FEES -see also- DEVELOPMENT FEES AND TAXES
- INTEREST
- LIMITED LIABILITY COMPANIES
- LOCAL GOVERNMENT MANDATES
- MERGERS AND ACQUISITIONS
- PARTNERSHIPS
- PENALTIES
- PUBLIC SCHOOLS
- REAL ESTATE INVESTMENT TRUSTS
- REAL PROPERTY
- RECORDATION
- REPORTS
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- RULES AND REGULATIONS
- STATE AID
- TRANSFER TAX
Bill affects the following Statutes:
- Tax - Property
- (
12-110 ,
12-110 ,
12-116 ,
13-103 ,
13-209
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered
