1997 Regular Session

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)