2011 Regular Session

HOUSE BILL 521

File Code: Taxes - Recordation and Transfer Prior Year Introduction As: SB 929/10 - B&T Crossfiled with: SENATE BILL 328
Sponsored By:
Delegates Carter, Vallario, Anderson, Gutierrez, and Rosenberg
Entitled:
Estates and Trusts - Transfers - Recordation and Transfer Taxes

Synopsis:

Altering a prohibition on the imposition of taxes on property transfers by a personal representative without consideration or the recordation of instruments effecting those transfers; prohibiting the imposition of specified taxes on specified transfers of real property to or from specified trusts or the recordation of instruments effecting those transfers; providing exemptions under the recordation tax and State transfer tax relating to specified transfers from an estate and specified transfers to or from specified trusts; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/7
First Reading Ways and Means
2/16
Hearing 3/10 at 1:00 p.m.
3/8
Hearing cancelled
Hearing 3/17 at 1:00 p.m.
4/9
Favorable Report by Ways and Means
4/5
Favorable Report Adopted
Second Reading Passed
4/7
Third Reading Passed (139-0)
Senate Action
4/6
First Reading Senate Rules
4/11
Re-referred Judicial Proceedings
4/7
Re-assigned Budget and Taxation

Sponsored by:

Delegate Jill P. Carter, District 41
Delegate Curt Anderson, District 43
Delegate Ana Sol Gutierrez, District 18
Delegate Samuel I. Rosenberg, District 41
Delegate Joseph F. Vallario, Jr., District 27A

Bill indexed under the following Subjects:

Estates and Trusts
Excise Tax
Exemptions
Personal Representatives
Real Property
Recordation
Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.
Transfer Tax

Bill affects the following Statutes:

Estates and Trusts
( 9-105 , 12-108 , 12-108 , 13-207 , 13-207 , 13-207 , 13-207 , 14-114 )

Documents

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
Committee Votes :
House
Ways and Means
Roll Call Vote (Legislative date is shown):
House
April 7, 2011: Third Reading Passed (139-0)