File Code: Taxes - Recordation and Transfer
Crossfiled with: HOUSE BILL 959
- Sponsored By:
-
Senators King, Currie, Garagiola, Madaleno, Manno, Peters, Pugh, Ramirez,
and Robey
- Entitled:
-
Recordation and Transfer Taxes - Transfer of Property Between Related Entities
- Exemption
Exempting from the recordation tax and the State transfer tax the
transfer of real property between a parent partnership or limited
liability company and its subsidiary or between subsidiaries wholly
owned by the same parent partnership or limited liability company
under specified circumstances; and exempting from the recordation tax
and the State transfer tax the transfer of real property between
specified entities under specified circumstances.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
Senate Action
- 2/3
- First Reading Budget and Taxation
- 2/8
- Hearing 3/16 at 1:00 p.m.
House Action
- No Action
Sponsored by:
- Senator Nancy J. King, District 39
- Senator Ulysses Currie, District 25
- Senator Rob Garagiola, District 15
- Senator Richard S. Madaleno, Jr., District 18
- Senator Roger P. Manno, District 19
- Senator Douglas J. J. Peters, District 23
- Senator Catherine E. Pugh, District 40
- Senator Victor R. Ramirez, District 47
- Senator James N. Robey, District 13
Bill indexed under the following Subjects:
- Exemptions
- Limited Liability Companies
- Partnerships
- Real Property
- Recordation
- Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
- Transfer Tax
Bill affects the following Statutes:
- Tax - Property
- (
12-108
,
13-207
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered
