HOUSE BILL 314

File Code: Taxes - Recordation and Transfer

Sponsored By:

Delegate V. Clagett

Entitled:

Recordation and Transfer Tax - Land Trusts - Exemption

Synopsis:

Exempting the transfer of specified conservation easements to a qualified land trust from the recordation tax; exempting an instrument of writing conveying fee simple title to real property to a qualified land trust from the recordation tax and the transfer tax; exempting a transfer conveyed to a qualified land trust from a county transfer tax; etc.

History by Legislative Date

House Action

1/31

First Reading Ways and Means

2/5

Hearing 2/20 at 1:00 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

CONSERVATION -see also- SOIL CONSERVATION

EASEMENTS

EXEMPTIONS

NONPROFIT ORGANIZATIONS

REAL PROPERTY

RECORDATION

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

TRANSFER TAX

Bill affects the following Statutes:

Tax - Property

( 12-108 , 12-109 , 13-207 , 13-410 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered