File Code: Recordation and Transfer
Prior Year Introduction As: HB 510/93 - W&M
- Sponsored By:
-
Delegates Healey and Rosapepe
- Entitled:
-
Recordation and Transfer Taxes - Transfers of Controlling Interests
Imposing recordation and transfer taxes on the transfer of controlling
interest in a corporation, partnership, association, limited liability
company, other unincorporated form of doing business, or trust that
owns interests in real property in Maryland that constitutes at least
80% of the value of its assets and has an aggregate value of at least
$500,000; establishing the rate of taxation and the method of
calculation of tax liability; exempting specified transfers; providing
for interest and a penalty for specified filings; etc.
House Action
- 2/5
- First Reading Ways and Means
- 2/12
- Hearing 2/27 at 1:00 p.m.
Senate Action
- No Action
- Sponsored by:
- Delegate Anne Healey, District 22A
- Delegate James C. Rosapepe, District 21
- Bill indexed under the following Subjects:
- ASSESSMENTS AND TAXATION, DEPARTMENT OF
- COMMERCE AND BUSINESS -see also- SMALL BUSINESS
- CORPORATIONS -see also- MERGERS
- FEES -see also- DEVELOPMENT FEES AND TAXES
- INTEREST
- PARTNERSHIPS
- PENALTIES
- REAL PROPERTY
- RECORDATION -see also- TRANSFER TAX
- REPORTS -see also- RECORDS
- REVENUE AND TAXES -see also specific taxes -
- RULES AND REGULATIONS
- TRANSFER TAX -see also- RECORDATION
- Bill affects the following Statutes:
- Tax - Property
- (
12-114 ,
13-103
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)