2004 Regular Session

SENATE BILL 76

CHAPTER NUMBER: 248 File Code: Taxes - Recordation and Transfer Prior Year Introduction As: SB 129/03 - B&T
Sponsored By:
Senator Astle
Entitled:
Recordation Tax - Refinancing Instrument - Trusts

Synopsis:

Including within the definition of "original mortgagor", for purposes of an exemption under the recordation tax for specified refinancing instruments, the trustee of an inter vivos trust if the mortgaged property is used as a principal residence of the settlor of the trust and the trustee or the settlor of the trust originally assumed or incurred the debt secured by the mortgage or deed of trust; etc.

History by Legislative Date

Senate Action
1/16
First Reading Budget and Taxation
1/19
Hearing 1/28 at 2:00 p.m.
2/9
Favorable Report by Budget and Taxation
2/10
Favorable Report Adopted
Second Reading Passed
2/11
Third Reading Passed (47-0)
4/8
Returned Passed
5/11
Signed by the Governor Chapter 248
House Action
2/12
First Reading Ways and Means
3/17
Hearing 3/31 at 1:00 p.m.
4/8
Favorable Report by Ways and Means
4/4
Favorable Report Adopted
Second Reading Passed
4/5
Third Reading Passed (138-0)
Bill indexed under the following Subjects:
ESTATES AND TRUSTS
EXEMPTIONS
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):
Senate
February 11, 2004: Third Reading Passed (47-0)
House
April 5, 2004: Third Reading Passed (138-0)