SENATE BILL 477

File Code: Taxes - Miscellaneous

Sponsored By:

Senator Della

Entitled:

Recordation and Transfer Taxes - Exemption for Transfer Among Affiliated Entities

Synopsis:

Providing an exemption from the recordation tax and State and county transfer taxes, under limited circumstances, for the transfer of real property between related business entities.

Legislative History

Senate Action

2/2

First Reading Budget and Taxation

2/21

Hearing 3/8 at 12:00 p.m.

2/26

Hearing cancelled

Hearing 3/6 at 5:00 p.m.

3/18

Referred to interim study by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

CORPORATIONS -see also- MERGERS

EXEMPTIONS

PARTNERSHIPS

RECORDATION -see also- TRANSFER TAX

REVENUE AND TAXES - GENERAL

TRANSFER TAX -see also- RECORDATION

Bill affects the following Statutes:

Tax - Property

( 12-108 , 13-207 , 13-405 )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None available