2003 Regular Session

HOUSE BILL 163

CHAPTER NUMBER: 411
EMERGENCY BILL
File Code: Taxes - Recordation and Transfer
Sponsored By:
Delegates Healey and Moe
Entitled:
Recordation Tax - Refinancing Instrument - Exemption for Spouses

Synopsis:

Altering the exemption from the recordation tax for a mortgage or deed of trust that secures the refinancing of real property to include refinancing by the original mortgagor and the mortgagor's spouse; making the Act an emergency measure; etc.

History by Legislative Date

House Action
1/27
First Reading Ways and Means
2/5
Hearing 2/20 at 1:00 p.m.
3/3
Favorable Report by Ways and Means
3/4
Favorable Report Adopted
Second Reading Passed
3/6
Third Reading Passed (136-0)
3/31
Returned Passed
5/22
Signed by the Governor Chapter 411
Senate Action
3/7
First Reading Budget and Taxation
3/19
Hearing 3/26 at 1:30 p.m.
4/2
Favorable Report by Budget and Taxation
3/31
Favorable Report Adopted
Second Reading Passed
4/1
Third Reading Passed (46-0)
Sponsored by:
Delegate Anne Healey, District 22
Delegate Brian R. Moe, District 21
Bill indexed under the following Subjects:
EXEMPTIONS
LOANS -see also- MORTGAGES
MORTGAGES
RECORDATION
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
Bill affects the following Statute:
Tax - Property
( 12-108 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
House
March 6, 2003: Third Reading Passed (136-0)
Senate
April 1, 2003: Third Reading Passed (46-0)