SB0106 (CH0129)

Find a 2014 Bill:

2014 Regular Session

 

Entitled:

Recordation and Transfer Taxes - Transfer of Property Between Business Entities - Reorganizations - Exemption

Sponsored by:

Chair, Budget and Taxation Committee

Status:

Approved by the Governor - Chapter 129


Synopsis:Exempting from the recordation tax and the State transfer tax the transfer of real property between specified business entities as part of a specified reorganization; and applying the Act to instruments of writing recorded on or after July 1, 2014.
Analysis:Fiscal and Policy Note
All Sponsors:Chair, Budget and Taxation Committee (By Request - Departmental - Assessments and Taxation)
Additional Facts:Bill File Type: Pre-Filed
Effective Date(s): July 1, 2014
By Request of the Governor
Committee(s):
Budget and Taxation   View Committee HearingWays and Means   View Committee Hearing
Broad Subject(s):Taxes - Recordation and Transfer
Narrow Subject(s):Corporations -see also- Municipal Corps; Public Corps & Inst
Exemptions
Limited Liability Companies
Real Property
Recordation
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Transfer Tax
Statutes:

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 1:54 P.M.