CHAPTER NUMBER: 427
File Code: Recordation and Transfer
- Sponsored By:
-
Delegates Bozman, C. Davis, McKee, Hurson, Phillips, Rudolph,
Marriott, Bartlett, Ports, Patterson, Conway, and McClenahan
- Entitled:
-
Recordation Tax and State Transfer Tax - Transfers
From Class I Railroad
Carrier to Wholly-Owned Limited Liability Company
Providing an exemption under the recordation tax and the State
transfer tax for instruments of writing that transfer title to real
property from a Class I Railroad Carrier to its wholly-owned limited
liability company; and terminating the Act at the end of December 31,
2000.
House Action
- 2/11
- First Reading Ways and Means
- 2/17
- Hearing 2/24 at 11:00 a.m.
- 3/1
- Favorable with Amendments Report by Ways and Means
- 3/2
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/4
- Third Reading Passed (138-0)
- 4/4
- Return Passed
- 5/13
- Signed by the Governor Chapter 427
Senate Action
- 3/5
- First Reading Budget and Taxation
- 4/5
- Favorable Report by Budget and Taxation
- Favorable Report Adopted
- Second Reading Passed
- 4/6
- Third Reading Passed (46-0)
- Sponsored by:
- Delegate K. Bennett Bozman, District 38
- Delegate Joseph R. Bartlett, District 3
- Delegate Norman H. Conway, District 38
- Delegate Clarence Davis, District 45
- Delegate John Adams Hurson, District 18
- Delegate Salima Siler Marriott, District 40
- Delegate Charles A. McClenahan, District 38
- Delegate Robert A. McKee, District 2A
- Delegate Obie Patterson, District 26
- Delegate Wendell F. Phillips, District 41
- Delegate James F. Ports, Jr., District 8
- Delegate David D. Rudolph, District 35B
- Bill indexed under the following Subjects:
- EXEMPTIONS
- LIMITED LIABILITY COMPANIES
- RAILROADS
- RECORDATION -see also- TRANSFER TAX
- REVENUE AND TAXES -see also specific taxes-
- SUNSET
- TRANSFER TAX -see also- RECORDATION
- Bill affects the following Statutes:
- Tax - Property
- (
12-108 ,
13-207 ,
13-207
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 465754/1 (PDF) Offered on: March 2, 1999 at:
10:56 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 4, 1999: Third Reading Passed (138-0)
- Senate
- April 6, 1999: Third Reading Passed (46-0)