File Code: Taxes - Recordation and Transfer
Prior Year Introduction As:
HB 260/08 - W&M
- Sponsored By:
-
Delegates Kaiser, Barkley, Cane, Carr, Gutierrez, Hucker, Luedtke,
Pendergrass, Reznik, Stocksdale, F. Turner, and Zucker
- Entitled:
-
Recordation Tax - Indemnity Mortgages
Providing that, for purposes of the recordation tax, secured debt with
respect to an indemnity mortgage, deed of trust, or other security
interest in real property securing a guarantee of repayment of a loan
for less than $5,000,000 for which the guarantor is not primarily
liable is deemed to be incurred as debt is incurred on the guaranteed
loan and the recordation tax applies as if the guarantor were
primarily liable for the guaranteed loan; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
House Action
- 2/4
- First Reading Ways and Means
- 2/9
- Hearing 2/23 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Anne R. Kaiser, District 14
- Delegate Charles Barkley, District 39
- Delegate Rudolph C. Cane, District 37A
- Delegate Alfred C. Carr, Jr., District 18
- Delegate Ana Sol Gutierrez, District 18
- Delegate Tom Hucker, District 20
- Delegate Eric G. Luedtke, District 14
- Delegate Shane E. Pendergrass, District 13
- Delegate Kirill Reznik, District 39
- Delegate Nancy R. Stocksdale, District 5A
- Delegate Frank S. Turner, District 13
- Delegate Craig J. Zucker, District 14
Bill indexed under the following Subjects:
- Loans -see also- Mortgages
- Mortgages
- Recordation
- Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.
- Security Interests -see also- Liens; Mechanics' Liens
Bill affects the following Statute:
- Tax - Property
- (
12-105
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered