1999 Regular Session

SENATE BILL 754

File Code: Recordation and Transfer
Sponsored By:
Senator Neall
Entitled:
Tax Sale Certificates - Recordation Tax and State Transfer Tax

Synopsis:

Providing an exemption from recordation tax and the State transfer tax for tax sale certificates and assignments of tax sale certificates; clarifying the nature of tax sale certificates and methods for perfecting a security interest in a tax sale certificate or assignment of a tax sale certificate; and applying the Act retroactively to certificates of sale or assignments of certificates recorded on or after January 1, 1999.

History by Legislative Date

Senate Action
3/1
First Reading Senate Rules
3/3
Re-referred Budget and Taxation
3/4
Hearing 3/17 at 1:30 p.m.
3/22
Withdrawn
House Action
No Action
Bill indexed under the following Subjects:
EXEMPTIONS
REAL PROPERTY
RECORDATION -see also- TRANSFER TAX
REVENUE AND TAXES -see also specific taxes-
SECURITY INTERESTS -see also- LIENS
TAX SALES
TRANSFER TAX -see also- RECORDATION
Bill affects the following Statutes:
Tax - Property
( 12-108 , 13-207 , 13-207 , 14-820.1 , 14-822 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered