File Code: Taxes - Recordation and Transfer
Prior Year Introduction As: HB 1/04 - W&M & APP
- Sponsored By:
-
The Speaker and Delegates Hixson, Conway, Healey, Barkley, Bobo,
Bohanan, Bozman, Burns, Cane, G. Clagett, V. Clagett, Conroy, Donoghue,
Feldman, Frush, Gutierrez, Haynes, Heller, Howard, Hubbard, Jones,
Kaiser, King, Krysiak, Levy, Love, Madaleno, Malone, Mandel, Menes,
Montgomery, Niemann, Patterson, Pendergrass, Petzold, Quinter,
Rosenberg, Stern, Vallario, Vaughn,
Zirkin, Barve, Branch, Bronrott, Cardin, Cryor, C. Davis,
Doory, Franchot, Gaines, Goodwin, Gordon, Griffith, James, Lee,
Marriott, Moe, Nathan-Pulliam, Paige, Proctor, Ramirez, Ross, and F.
Turner
- Entitled:
-
Public School Construction Assistance Act of 2005
Imposing recordation and transfer taxes on the transfer of controlling
interest in an entity that owns interests in real property in Maryland
that constitute at least 80% of the value of the entity's assets and
have an aggregate value of at least $1,000,000; requiring specified
local recordation tax revenues and specified State transfer tax
revenues for fiscal 2005 through 2008 to be dedicated to public school
construction and renovation; etc.
House Action
- 1/12
- First Reading Ways and Means & Appropriations
- 1/20
- Hearing 2/2 at 12:00 p.m.
- Ways and Means & Appropriations
- 2/17
- Favorable with Amendments Report by Ways and Means
- 2/18
- Favorable with Amendments Report Adopted
- Special Order 2/22 (Delegate Hixson) Adopted
- 2/22
- Floor Amendment (Delegate Bobo) Adopted
- Motion Special Order 2/23 (Delegate Shank) Rejected (39-87)
- Floor Amendment (Delegate Shank) Rejected
- Floor Amendment (Delegate Krebs)
- Motion vote previous question (Delegate Minnick) Adopted
- Floor Amendment (Delegate Krebs) Rejected (45-90)
- Second Reading Passed with Amendments
- 2/24
- Third Reading Passed (108-22)
Senate Action
- 2/25
- First Reading Budget and Taxation
- 3/10
- Hearing 3/23 at 1:00 p.m.
- Hearing cancelled
- 3/18
- Hearing 3/30 at 1:00 p.m.
Sponsored by:
- Speaker of the House of Delegates
- Delegate Charles Barkley, District 39
- Delegate Kumar P. Barve, District 17
- Delegate Elizabeth Bobo, District 12B
- Delegate John L. Bohanan, Jr., District 29B
- Delegate K. Bennett Bozman, District 38B
- Delegate Talmadge Branch, District 45
- Delegate William A. Bronrott, District 16
- Delegate Emmett C. Burns, Jr., District 10
- Delegate Rudolph C. Cane, District 37A
- Delegate Jon S. Cardin, District 11
- Delegate Virginia P. Clagett, District 30
- Delegate Galen R. Clagett, District 3A
- Delegate Mary A. Conroy, District 23A
- Delegate Norman H. Conway, District 38B
- Delegate Jean B. Cryor, District 15
- Delegate Clarence Davis, District 45
- Delegate John P. Donoghue, District 2C
- Delegate Ann Marie Doory, District 43
- Delegate Brian J. Feldman, District 15
- Delegate Peter Franchot, District 20
- Delegate Barbara Frush, District 21
- Delegate Tawanna P. Gaines, District 22
- Delegate Marshall T. Goodwin, District 40
- Delegate Michael R. Gordon, District 17
- Delegate Melony G. Griffith, District 25
- Delegate Ana Sol Gutierrez, District 18
- Delegate Keith E. Haynes, District 44
- Delegate Anne Healey, District 22
- Delegate Henry B. Heller, District 19
- Delegate Sheila E. Hixson, District 20
- Delegate Carolyn J. B. Howard, District 24
- Delegate James W. Hubbard, District 23A
- Delegate Mary-Dulany James, District 34A
- Delegate Adrienne A. Jones, District 10
- Delegate Anne R. Kaiser, District 14
- Delegate Nancy J. King, District 39
- Delegate Carolyn J. Krysiak, District 46
- Delegate Susan C. Lee, District 16
- Delegate Murray D. Levy, District 28
- Delegate Mary Ann E. Love, District 32
- Delegate Richard S. Madaleno, Jr., District 18
- Delegate James E. Malone, Jr., District 12A
- Delegate Adrienne A. Mandel, District 19
- Delegate Salima Siler Marriott, District 40
- Delegate Pauline H. Menes, District 21
- Delegate Brian R. Moe, District 21
- Montgomery County Delegation
- Delegate Karen S. Montgomery, District 14
- Delegate Shirley Nathan-Pulliam, District 10
- Delegate Doyle L. Niemann, District 47
- Delegate Jeffrey A. Paige, District 44
- Delegate Obie Patterson, District 26
- Delegate Shane E. Pendergrass, District 13
- Delegate Carol S. Petzold, District 19
- Prince George's County & Montgomery County Delegat
- Delegate James E. Proctor, Jr., District 27A
- Delegate Neil F. Quinter, District 13
- Delegate Victor R. Ramirez, District 47
- Delegate Samuel I. Rosenberg, District 41
- Delegate Justin D. Ross, District 22
- Delegate Joan F. Stern, District 39
- Delegate Frank S. Turner, District 13
- Delegate Joseph F. Vallario, Jr., District 27A
- Delegate Michael L. Vaughn, District 24
- Delegate Bobby A. Zirkin, District 11
Bill indexed under the following Subjects:
- ASSESSMENTS AND TAXATION, DEPARTMENT OF
- ASSOCIATIONS -see also- COOPERATIVE ASSOCIATIONS
- CONSTRUCTION
- CONTINUING CARE -see also- LONG TERM CARE; NURSING HOMES
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
- EXEMPTIONS
- FEES -see also- DEVELOPMENT FEES AND TAXES
- INTEREST
- LIMITED LIABILITY COMPANIES
- LOCAL GOVERNMENT MANDATES
- MERGERS AND ACQUISITIONS
- PARTNERSHIPS
- PENALTIES
- PUBLIC SCHOOLS
- REAL ESTATE INVESTMENT TRUSTS
- REAL PROPERTY
- RECORDATION
- REPORTS
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- RULES AND REGULATIONS
- STATE AID
- TRANSFER TAX
Bill affects the following Statutes:
- Tax - Property
- (
12-110 ,
12-110 ,
12-116 ,
13-103 ,
13-209
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments (Displayed in WordPerfect 8 Format):
House
- Number: 463526/01 (PDF) Offered on: February 22, 2005 at:
11:19 a.m. Status: Rejected
- Number: 473423/01 (PDF) Offered on: February 22, 2005 at:
11:00 a.m. Status: Adopted
- Number: 515261/01 (PDF) Offered on: February 18, 2005 at:
11:14 a.m. Status: Adopted
- Number: 863720/01 (PDF) Offered on: February 22, 2005 at:
11:06 a.m. Status: Rejected
- Roll Call Votes (Legislative dates are shown):
House
- February 22, 2005: Motion Special Order until 2/23 (Shank) Rejected (39-87)
- February 22, 2005: Floor Amendment (Krebs) Rejected (45-90)
- February 24, 2005: Third Reading Passed (108-22)