2008 Regular Session

HOUSE BILL 1410

File Code: Real Property
Sponsored By:
Delegate Ali
Entitled:
Truth in Advertising Real Estate Taxes Act

Synopsis:

Prohibiting a seller or seller's agent from producing or distributing any written or electronically transmitted material in connection with the advertisement for sale of specific residential real property unless the material discloses the estimated full-year property taxes that the buyer would be obligated to pay in the next full tax year after the property is transferred; requiring the Division of Consumer Protection of the Office of the Attorney General to enforce specified provisions; providing penalties for violations; 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
2/8
First Reading Economic Matters
2/11
Hearing 2/21 at 5:00 p.m.
2/15
Hearing cancelled
Hearing 2/22 at 1:00 p.m.
3/13
Unfavorable Report by Economic Matters
Senate Action
No Action

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Advertising
Agents and Brokers
Consumer Protection -see also- Unfair Trade Practices
Crimes and Punishments -see also- Penalties; Sentences; etc.
Disclosure
Penalties
Property Tax
Real Estate -see also- Agents and Brokers
Real Property

Bill affects the following Statute:

Real Property
( 10-801 )

Documents:

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