2008 Regular Session

HOUSE BILL 337

File Code: Taxes - Property
Sponsored By:
Delegates Pena-Melnyk, Barnes, and Frush
Entitled:
Tax - Property - Property Value Assessments - Disclosure of Improvements

Synopsis:

Requiring a seller of real property to disclose the existence of a substantial improvement not already reflected in the worksheet of the State Department of Assessments and Taxation; requiring the seller and purchaser to sign a disclosure form; requiring delivery of the disclosure form to the Department; requiring the Department to revalue real property on the disclosure of a substantial improvement; altering the circumstances under which the Director of the Department may order a revaluation; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
1/25
First Reading Ways and Means
1/30
Hearing 2/14 at 1:00 p.m.
2/13
Hearing cancelled
2/18
Withdrawn
Senate Action
No Action

Sponsored by:

Delegate Joseline A. Pena-Melnyk, District 21
Delegate Ben Barnes, District 21
Delegate Barbara Frush, District 21

Bill indexed under the following Subjects:

Assessments
Assessments and Taxation, Department of
Consumer Protection -see also- Unfair Trade Practices
Disclosure
Forms
Home Improvement
Real Property
Records -see also- Land Records; Vital Records

Bill affects the following Statutes:

Real Property
( 10-706 )
Tax - Property
( 2-203 , 2-204 , 2-210 , 8-104 )

Documents:

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