File Code: Recordation and Transfer
- Sponsored By: 
 - 
Senator Munson
 
- Entitled: 
 - 
Recordation Tax and State Transfer Tax -
 Transfers from Class I Railroad Carrier to
 Its Wholly-Owned Limited Liability Company
 
Providing an exemption under the recordation tax and the State
transfer tax for certain instruments of writing that transfer title to
real property from a Class I Railroad Carrier to its wholly-owned
limited liability company; providing for the termination of the Act;
etc.
Senate Action
- 2/5
 - First Reading Budget and Taxation
 - 2/23
 - Hearing 3/3 at 1:30 p.m.
 - 3/2
 - Hearing cancelled
 -      Hearing 3/3 at 4:00 p.m.
 - 3/24
 
- Favorable with Amendments Report by Budget and Taxation
 - 3/25
 - Favorable with Amendments Report Adopted
 -      Second Reading Passed with Amendments
 - 3/26
 - Third Reading Passed (46-0)
 - 4/8
 - Return Passed
 - 5/27
 - Governor vetoed - Duplicative
 
House Action
- 3/26
 - First Reading Ways and Means
 -      Hearing 3/31 at 1:00 p.m.
 - 4/7
 - Favorable Report by Ways and Means
 - 4/3
 - Favorable Report Adopted
 -      Second Reading Passed
 - 4/4
 - Third Reading Passed (134-0)
 
- Bill indexed under the following Subjects:
 - CORPORATIONS -see also- MERGERS; MUNICIPAL CORPORATIONS
 - EXEMPTIONS
 - LIMITED LIABILITY COMPANIES
 - MANDATES
 - 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:
- Senate
 - Number: 659726/1 (PDF)      Offered on: March 25, 1999      at:
12:24 p.m.     Status: Adopted
 
 - Roll Call Votes (Legislative dates are shown):
- Senate
 - March 26, 1999: Third Reading Passed  (46-0)
 - House 
 - April 4, 1999: Third Reading Passed  (134-0)