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2018 Regular Session



Recordation Tax - Collection by State Department of Assessments and Taxation - Distribution

Sponsored by:

Delegate Washington, M.


In the House - Hearing 2/27 at 1:00 p.m.

Synopsis:Altering the distribution of revenue from certain recordation taxes collected by the State Department of Assessments and Taxation; requiring the Comptroller, in consultation with the Department, to hire an independent certified public accountant to perform an audit of the distribution of certain revenue; requiring the Comptroller to pay certain counties that received an underpayment of recordation tax revenue for fiscal years 2010 through 2016 the amount due from the Local Reserve Account; etc.
Analysis:Not available at this time
All Sponsors:Delegates M. Washington, Beidle, Chang, Ebersole, Ghrist, Hornberger, Lierman, McCray, Patterson, Simonaire, and Turner
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2018
Ways and Means
Broad Subject(s):Taxes - Miscellaneous
Narrow Subject(s):Assessments and Taxation, Department of
Auditors and Audits
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Statutes:Article - Tax - Property

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Explanation of Floor Motions and Actions

February 9, 2018 11:09 A.M.