HOUSE BILL 467

File Code: Taxes - Recordation and Transfer Prior Year Introduction As: HB 925/99 - W&M

Sponsored By:

Delegate Minnick

Entitled:

State Transfer Tax - Exemption

Synopsis:

Exempting the first $30,000 of the consideration paid for transfers of residentially improved owner-occupied real property located in the Metropolitan District from the State transfer tax; requiring that the exemption be applied against the State transfer tax payment by the grantee for a purchase of real property; and providing for an exception where the grantor has agreed to pay the entire State transfer tax.

History by Legislative Date

House Action

2/4

First Reading Ways and Means

2/8

Hearing 2/17 at 2:30 p.m.

3/21

Unfavorable Report by Ways and Means

Senate Action

No Action

Bill indexed under the following Subjects:

BALTIMORE COUNTY

EXEMPTIONS

HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES

TRANSFER TAX

Bill affects the following Statute:

Tax - Property

( 13-203 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered