File Code: Recordation and Transfer
Prior Year Introduction As: HB 1082/96 - W&M
Crossfiled with: HOUSE BILL 664
- Sponsored By:
-
Senators Ruben, Middleton, and Boozer
- Entitled:
-
Recordation and Transfer Taxes - Estate Planning Exemption
Exempting from the recordation tax and State and county transfer taxes
instruments of writing transferring property for estate planning
purposes if the only consideration is an interest in the transferee;
imposing the recordation tax and State and county transfer taxes on
the transfer of an interest in estate planning entities; requiring the
filing of a report of transfers of interest in estate planning
entities; requiring the payment of a filing fee with certain reports;
etc.
Senate Action
- 1/31
- First Reading Budget and Taxation
- 2/5
- Hearing 2/12 at 1:30 p.m.
- 2/12
- Hearing cancelled
- Hearing 3/5 at 1:30 p.m.
- 2/21
- Hearing cancelled
- Hearing 3/5 at 1:00 p.m.
- 3/10
- Withdrawn
House Action
- No Action
- Sponsored by:
- Senator Ida G. Ruben, District 20
- Senator F. Vernon Boozer, District 9
- Senator Thomas McLain Middleton, District 28
- Bill indexed under the following Subjects:
- ASSESSMENTS AND TAXATION, DEPARTMENT OF
- CIVIL ACTIONS -see also- SMALL CLAIMS
- ESTATES AND TRUSTS -see also- FIDUCIARIES
- EXEMPTIONS
- FEES -see also- DEVELOPMENT FEES AND TAXES
- INTEREST
- PENALTIES
- REAL PROPERTY
- RECORDATION -see also- TRANSFER TAX
- REPORTS -see also- RECORDS
- REVENUE AND TAXES -see also specific taxes -
- TRANSFER TAX -see also- RECORDATION
- Bill affects the following Statutes:
- Tax - Property
- (
11-103 ,
12-102.1 ,
12-108 ,
13-202.1 ,
13-207 ,
13-410
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)