File Code: Taxes - Recordation and Transfer
Prior Year Introduction As: SB 120/03
- Sponsored By:
-
Senators Currie, Frosh, Middleton, Conway, Astle, Britt, Edwards, Exum,
Forehand, Gladden, Hooper, Jones, Klausmeier, Lenett, Madaleno, McFadden, Muse,
Pinsky, Pugh, Raskin, Robey, and Rosapepe
- Entitled:
-
Land Preservation and School Construction Assistance Act of 2007
Imposing recordation and transfer taxes on the transfer of controlling
interest in a corporation, partnership, association, limited liability
company, limited liability partnership, other unincorporated form of
doing business, or a trust that owns interests in real property in
Maryland that constitute at least 80% of the value of its assets and
has an aggregate value of at least $500,000; etc.
Senate Action
- 2/2
- First Reading Budget and Taxation
- 2/21
- Hearing 3/14 at 1:00 p.m.
House Action
- No Action
Sponsored by:
- Senator Ulysses Currie, District 25
- Senator John C. Astle, District 30
- Senator Gwendolyn Britt, District 47
- Senator Joan Carter Conway, District 43
- Senator George C. Edwards, District 1
- Senator Nathaniel Exum, District 24
- Senator Jennie M. Forehand, District 17
- Senator Brian E. Frosh, District 16
- Senator Lisa A. Gladden, District 41
- Senator J. Robert Hooper, District 35
- Senator Verna L. Jones, District 44
- Senator Katherine Klausmeier, District 8
- Senator Mike Lenett, District 19
- Senator Richard S. Madaleno, Jr., District 18
- Senator Nathaniel J. McFadden, District 45
- Senator Thomas M. Middleton, District 28
- Senator C. Anthony Muse, District 26
- Senator Paul G. Pinsky, District 22
- Senator Catherine E. Pugh, District 40
- Senator Jamie Raskin, District 20
- Senator James N. Robey, District 13
- Senator Jim Rosapepe, District 21
Bill indexed under the following Subjects:
- Assessments and Taxation, Department of
- Associations -see also- Cooperative Associations
- Construction
- Corporations -see also- Municipal Corps; Public Corps & Inst
- Counties -see also- Chartered Counties; Code Counties
- Exemptions
- Fees -see also- Devt Fees and Taxes; Reimbursement Rates
- 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
- 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 and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered