SENATE BILL 164

File Code: Recordation and Transfer Crossfiled with: HOUSE BILL 838

Sponsored By:

Senator Haines

Entitled:

State Transfer Tax - Distribution of Revenues

Synopsis:

Altering the distribution formula for revenues from the State transfer tax, reducing from 83.5% to 75% the percentage of the net revenues allocated to Program Open Space, and increasing from 14.5% to 23% the percentage of the net revenues allocated to the Agricultural Land Preservation Fund; repealing obsolete provisions; etc.

Legislative History

Senate Action

1/13

First Reading Budget and Taxation

1/15

Hearing 1/29 at 1:30 p.m.

3/25

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

CONSERVATION -see also- RECYCLING; SOIL CONSERVATION

FARMLAND

PROGRAM OPEN SPACE

TRANSFER TAX -see also- RECORDATION

Bill affects the following Statute:

Tax - Property

( 13-209 )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)