EMERGENCY BILL
File Code: Taxes - Recordation and Transfer
Crossfiled with: SENATE BILL 657
- Sponsored By:
-
Delegates Ross, Ivey, Bartlett, Murphy, and Rice
- Entitled:
-
Recordation Taxes and State and County Transfer Taxes - Debt Forgiven in "Short
Sale"
Clarifying that for the purposes of recordation taxes and the State
and county transfer taxes, the consideration payable for an instrument
of writing to which the tax applies includes only the amount paid or
delivered in return for the sale of the property and does not include
the amount of any debt forgiven or no longer secured by a mortgage or
deed of trust; and making the Act an emergency measure.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
House Action
- 2/3
- First Reading Ways and Means
- Hearing 2/25 at 1:00 p.m.
- 3/22
- Favorable with Amendments Report by Ways and Means
- 3/21
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/22
- Third Reading Passed (139-0)
- 4/4
- House Concur - Senate Amendments
- Third Reading Passed (137-1)
- Passed Enrolled
Senate Action
- 3/25
- First Reading Budget and Taxation
- 3/26
- Hearing 3/31 at 1:00 p.m.
- 4/5
- Favorable with Amendments Report by Budget and Taxation
- 4/1
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/2
- Third Reading Passed with Amendments (47-0)
Action after passage in House and Senate
- 5/20
- Approved by the Governor
- - Chapter 590
Sponsored by:
- Delegate Justin D. Ross, District 22
- Delegate Joseph R. Bartlett, District 4A
- Delegate Jolene Ivey, District 47
- Delegate Peter Murphy, District 28
- Delegate Craig L. Rice, District 15
Bill indexed under the following Subjects:
- Counties -see also- Chartered Counties; Code Counties
- Real Property
- Recordation
- Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
- Transfer Tax
Bill affects the following Statutes:
- Tax - Property
- (
12-103 ,
13-203 ,
13-412
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled, Chapter
- Fiscal and Policy Note:
Available
- Amendments:
House
- Number: 135562/01 Offered on: March 23, 2010 at:
11:11 a.m. Status: Adopted
Senate
- Number: 359330/01 Offered on: April 5, 2010 at:
9:21 p.m. Status: Adopted
-
Committee Votes :
House
- Ways and Means
Senate
- Budget and Taxation
- Roll Call Votes (Legislative dates are shown):
House
- March 22, 2010: Third Reading Passed (139-0)
- April 4, 2010: Third Reading Passed (137-1)
Senate
- April 2, 2010: Third Reading Passed (47-0)
- April 2, 2010: Third Reading Passed (47-0)