HOUSE BILL 1044

File Code: Real Property Crossfiled with: SENATE BILL 878

Sponsored By:

Delegates Rosenberg, Krysiak, Kirk, Harrison, Fulton, and McHale

Entitled:

Real Property - Recordation - Acceptance by Section 501(c)(3) Entities

Synopsis:

Prohibiting an instrument that transfers property to or names as a beneficiary an entity that is exempt from taxation under Section 501(c)(3) of the federal Internal Revenue Code from being recorded unless the instrument includes or is accompanied by written acceptance by the entity.

History by Legislative Date

House Action

2/11

First Reading Economic Matters

2/16

Hearing 3/7 at 1:00 p.m.

2/18

Hearing cancelled

Hearing 2/28 at 3:00 p.m.

3/6

Favorable Report by Economic Matters

3/7

Favorable Report Adopted

Second Reading Passed

3/9

Third Reading Passed (139-0)

Senate Action

3/10

First Reading Judicial Proceedings

Sponsored by:

Delegate Samuel I. Rosenberg, District 42

Delegate Tony E. Fulton, District 40

Delegate Hattie N. Harrison, District 45

Delegate Ruth M. Kirk, District 44

Delegate Carolyn J. Krysiak, District 46

Delegate Brian K. McHale, District 47A

Bill indexed under the following Subjects:

LAND RECORDS -see also- DEEDS

NONPROFIT ORGANIZATIONS

REAL PROPERTY

RECORDATION

Bill affects the following Statute:

Real Property

( 3-102A )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Vote (Legislative date is shown):

House

March 9, 2000: Third Reading Passed (139-0)