2000 Regular Session

SENATE BILL 878

File Code: Real Property Crossfiled with: HOUSE BILL 1044
Sponsored By:
Senators Sfikas, Conway, and McFadden
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

Senate Action
2/28
First Reading Senate Rules
3/2
Re-referred Judicial Proceedings
3/3
Hearing 3/14 at 1:00 p.m.
House Action
No Action
Sponsored by:
Senator Perry Sfikas, District 46
Senator Joan Carter Conway, District 43
Senator Nathaniel J. McFadden, District 45
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, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered