2004 Regular Session

SENATE BILL 906

File Code: Taxes - Income Crossfiled with: HOUSE BILL 1358
Sponsored By:
Senator Klausmeier
Entitled:
Income Tax - Payments - Sale of Real Property by Nonresidents

Synopsis:

Providing that a specified requirement that specified instruments of writing include a description of the total payment to the transferor applies only to transfers for which a specified payment is required; altering the requirement to require the total payment to be described in a specified affidavit; requiring the clerk of the circuit court to indicate on the deed or other instrument of writing that the affidavit has been received and keep the affidavit in a file separate from the public land records; etc.

History by Legislative Date

Senate Action
3/1
First Reading Senate Rules
3/5
Re-referred Budget and Taxation
3/17
Hearing 3/31 at 1:00 p.m.
House Action
No Action
Bill indexed under the following Subjects:
CIRCUIT COURTS
CLERKS OF COURT
INCOME TAX
LAND RECORDS -see also- DEEDS
NONRESIDENTS -see also- ALIENS
PUBLIC INFORMATION
REAL PROPERTY
RECORDATION
Bill affects the following Statute:
Tax - General
( 10-912 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered