SB0953

Find a 2018 Bill:

2018 Regular Session

 

Entitled:

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

Sponsored by:

Senator Eckardt

Status:

In the House - Conference Committee Appointed


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 recordation tax revenue; requiring that the audit be completed by July 1, 2019; requiring the Comptroller, under certain circumstances, to pay an amount due to a county that received an underpayment of recordation tax revenue; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Eckardt and Ferguson
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2018
Committee(s):
Budget and Taxation  View Committee HearingWays and Means
Broad Subject(s):Taxes - Property
Narrow Subject(s):Assessments and Taxation, Department of
Auditors and Audits
Comptroller
Counties -see also- Chartered Counties; Code Counties
Liens -see also- Mechanics' Liens
Municipal Corporations -see also- Annap; Balt; Hager; OC
Property Tax
Recordation
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Rules and Regulations
Securities
Statutes:Article - Tax - Property
(12-110)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


April 9, 2018 2:52 P.M.