SB0436 (CH0267)

2013 Regular Session



Recordation Taxes - Exemptions

Sponsored by:

Senator Peters


Approved by the Governor - Chapter 267

Synopsis:Exempting specified indemnity mortgage transactions from the recordation tax; making indemnity mortgage transactions subject to recordation tax after a specified date; authorizing a specified calculation or allocation of recordation tax on indemnity mortgage transactions; altering the transaction amount that is subject to the recordation tax for supplemental instruments of writing; making specified refinancing instruments exempt from the recordation tax; altering the definition of "supplemental instrument of writing"; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Peters, DeGrange, Brinkley, Colburn, Currie, Edwards, Robey, and Kittleman
Additional Facts:Cross-filed with: HB1209
Bill File Type: Regular
Effective Date(s): July 1, 2013
Budget and Taxation  Listen to Committee HearingWays and Means  View Committee Hearing
Broad Subject(s):Taxes - Recordation and Transfer
Narrow Subject(s):Deeds
Land Records -see also- Deeds
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Statutes:Article - Tax - Property
(12-101, 12-105, 12-108)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

October 2, 2015 9:12 A.M.