Legislation

Title: Recordation and Transfer Taxes - Exemption - Purchase Money Mortgage or Purchase Money Deed of Trust
Sponsored by: Delegate Lafferty
Status: Approved by the Governor - Chapter 301
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Exempting from the recordation tax and State transfer tax a purchase money mortgage or purchase money deed of trust related to a transfer from a certified community development financial institution under specified circumstances; providing for the retroactive application of the Act; and making the Act an emergency measure.

Committees

Original:: Environment and Transportation Click to view Recorded Media

Opposite:: Budget and Taxation Click to view Recorded Media

Details

Emergency Bill

Bill File Type: Regular

Effective Date(s): Upon Enactment

History

Legislation History
Chamber House Calendar Date 2/20/2015 Legislative Date 2/23/2015 Action First Reading House Rules and Executive Nominations Proceedings
Chamber House Calendar Date 3/09/2015 Legislative Date 3/09/2015 Action Rereferred to Ways and Means Proceedings
Chamber House Calendar Date 3/10/2015 Legislative Date 3/10/2015 Action Hearing 3/17 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/13/2015 Legislative Date 3/13/2015 Action Hearing cancelled Proceedings
Chamber House Calendar Date 3/13/2015 Legislative Date 3/16/2015 Action Rereferred to Environment and Transportation Proceedings
Chamber House Calendar Date 3/16/2015 Legislative Date 3/16/2015 Action Hearing 3/18 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/19/2015 Legislative Date 3/20/2015 Action Favorable with Amendments Report by Environment and Transportation Proceedings
Chamber House Calendar Date 3/20/2015 Legislative Date 3/18/2015 Action Favorable with Amendments {330016/1 Report Adopted Proceedings 48
Chamber House Calendar Date 3/20/2015 Legislative Date 3/18/2015 Action Second Reading Passed with Amendments Proceedings 48
Chamber House Calendar Date 3/20/2015 Legislative Date 3/19/2015 Action Third Reading Passed (137-0) Proceedings 49
Chamber Senate Calendar Date 3/23/2015 Legislative Date 3/20/2015 Action First Reading Budget and Taxation Proceedings 47A
Chamber Senate Calendar Date 3/25/2015 Legislative Date 3/25/2015 Action Hearing 4/01 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 4/09/2015 Legislative Date 4/10/2015 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/10/2015 Legislative Date 4/03/2015 Action Favorable Report Adopted Proceedings 61
Chamber Senate Calendar Date 4/10/2015 Legislative Date 4/03/2015 Action Second Reading Passed Proceedings 61
Chamber Senate Calendar Date 4/11/2015 Legislative Date 4/04/2015 Action Third Reading Passed (45-0) Proceedings 62
Chamber House Calendar Date 4/13/2015 Legislative Date 4/07/2015 Action Returned Passed Proceedings 68
Chamber Post Passage Calendar Date 5/12/2015 Legislative Date 5/12/2015 Action Approved by the Governor - Chapter 301 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/20/2015	2/23/2015	First Reading House Rules and Executive Nominations
House	3/09/2015	3/09/2015	Rereferred to Ways and Means
House	3/10/2015	3/10/2015	Hearing 3/17 at 1:00 p.m.
House	3/13/2015	3/13/2015	Hearing cancelled
House	3/13/2015	3/16/2015	Rereferred to Environment and Transportation
House	3/16/2015	3/16/2015	Hearing 3/18 at 1:00 p.m.
House	3/19/2015	3/20/2015	Favorable with Amendments Report by Environment and Transportation
House	3/20/2015	3/18/2015	Favorable with Amendments {330016/1 Report Adopted	48
House	3/20/2015	3/18/2015	Second Reading Passed with Amendments	48
House	3/20/2015	3/19/2015	Third Reading Passed (137-0)	49
Senate	3/23/2015	3/20/2015	First Reading Budget and Taxation	47A
Senate	3/25/2015	3/25/2015	Hearing 4/01 at 1:00 p.m.
Senate	4/09/2015	4/10/2015	Favorable Report by Budget and Taxation
Senate	4/10/2015	4/03/2015	Favorable Report Adopted	61
Senate	4/10/2015	4/03/2015	Second Reading Passed	61
Senate	4/11/2015	4/04/2015	Third Reading Passed (45-0)	62
House	4/13/2015	4/07/2015	Returned Passed	68
Post Passage	5/12/2015	5/12/2015	Approved by the Governor - Chapter 301

Documents

Date Posted	Document Name
3/20/2015	Amendments House - (Environment and Transportation) {330016/01 Adopted
2/24/2015	Text - First - Recordation and Transfer Taxes - Exemption - Purchase Money Mortgage or Purchase Money Deed of Trust
3/20/2015	Text - Third - Recordation and Transfer Taxes - Exemption - Purchase Money Mortgage or Purchase Money Deed of Trust
5/18/2015	Text - Chapter - Recordation and Transfer Taxes - Exemption - Purchase Money Mortgage or Purchase Money Deed of Trust
3/19/2015	Vote - House - Committee - Environment and Transportation
4/10/2015	Vote - Senate - Committee - Budget and Taxation
3/19/2015	Vote - House Floor - Third Reading Passed (137-0) - 03/19/15
4/04/2015	Vote - Senate Floor - Third Reading Passed (45-0) - 04/04/15

File Code

Subjects

Statutes