2006 Regular Session

SENATE BILL 147

File Code: Taxes - Recordation and Transfer Crossfiled with: HOUSE BILL 207
Sponsored By:
Chairman, Budget and Taxation Committee (By Request - Maryland Judicial Conference)
Entitled:
State Transfer Tax - Residential Property - Affidavit of First-Time Ownership

Synopsis:

Requiring that specified first-time Maryland home buyers include a specified required statement in the recitals or in the acknowledgment of the deed or submit the statement with the deed for improved residential real property in order to qualify for a specified exemption from the State transfer tax.

History by Legislative Date

Senate Action
1/19
First Reading Budget and Taxation
1/25
Hearing 2/1 at 2:00 p.m.
2/13
Favorable Report by Budget and Taxation
Favorable
Recommit to Committee Budget and Taxation (Senator Currie)
House Action
No Action

Sponsored by:

Budget & Tax. Comm., Chairman
Judicial Conference

Bill indexed under the following Subjects:

EXEMPTIONS
REAL PROPERTY
TRANSFER TAX

Bill affects the following Statute:

Tax - Property
( 13-203 )

Documents:

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