File Code: Taxes - Recordation and Transfer
Prior Year Introduction As: HB 475/07 - W&M & APP
- Sponsored By:
-
Delegates Healey, V. Clagett, Gaines, Gilchrist, Harrison, Haynes, Heller,
Hixson, Howard, Hubbard, Ivey, Jones, Krysiak, McIntosh, Niemann, Pendergrass,
Proctor, Rice, Robinson, Ross, Stukes, F. Turner, and Vallario
- Entitled:
-
Public School Construction Assistance Act of 2008
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 2009 through 2012 to be dedicated to public school
construction and renovation; etc.
House Action
- 10/29
- First Reading Ways and Means & Appropriations
- 10/30
- Hearing 11/3 at 10:00 a.m.
Senate Action
- No Action
Sponsored by:
- Delegate Anne Healey, District 22
- Delegate Virginia P. Clagett, District 30
- Delegate Tawanna P. Gaines, District 22
- Delegate Jim Gilchrist, District 17
- Delegate Hattie N. Harrison, District 45
- Delegate Keith E. Haynes, District 44
- 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 Jolene Ivey, District 47
- Delegate Adrienne A. Jones, District 10
- Delegate Carolyn J. Krysiak, District 46
- Delegate Maggie McIntosh, District 43
- Delegate Doyle L. Niemann, District 47
- Delegate Shane E. Pendergrass, District 13
- Delegate James E. Proctor, Jr., District 27A
- Delegate Craig L. Rice, District 15
- Delegate Barbara Robinson, District 40
- Delegate Justin D. Ross, District 22
- Delegate Melvin L. Stukes, District 44
- Delegate Frank S. Turner, District 13
- Delegate Joseph F. Vallario, Jr., District 27A
Bill indexed under the following Subjects:
- Appropriations
- 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
- Forests and Parks -see also- Program Open Space; Trees
- Interest
- Limited Liability Companies
- Local Government Mandates
- Mergers and Acquisitions
- Natural Resources, Department of
- 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
- Salaries -see also- Overtime; Reimbursement Rates
- State Aid
- State Employees
- Transfer Tax
Bill affects the following Statutes:
- Tax - Property
- (
12-110 ,
12-110 ,
12-117 ,
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