SB0106 (CH0129)

Find a 2014 Bill:

2014 Regular Session



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

Sponsored by:

Chair, Budget and Taxation Committee


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
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
Limited Liability Companies
Real Property
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Transfer Tax

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Explanation of Floor Motions and Actions

October 24, 2017 1:54 P.M.