Legislation

Title: Sale of Residential Real Property - Offers to Purchase and Transfer Tax
Sponsored by: Senator Smith
Status: In the Senate - Hearing canceled
Analysis: Fiscal and Policy Note

Synopsis

Authorizing a person who offers certain residential real property for sale to a third party, for the first 30 days, to accept only an offer to purchase the property made by an individual, a community development organization, a nonprofit organization or a certain real estate enterprise; and altering the rate of the State transfer tax payable for an instrument of writing for a sale of certain residential real property under certain circumstances.

Committees

Original:: Judicial Proceedings

Details

Cross-filed with: HB0474

Bill File Type: Regular

Effective Date(s): July 1, 2023

History

Legislation History
Chamber Senate Calendar Date 2/21/2023 Legislative Date 2/21/2023 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Sale of Residential Real Property - Offers to Purchase and Transfer Tax Proceedings
Chamber Senate Calendar Date 3/14/2023 Legislative Date 3/14/2023 Action Rereferred to Judicial Proceedings Proceedings
Chamber Senate Calendar Date 3/16/2023 Legislative Date 3/16/2023 Action Hearing 3/21 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/17/2023 Legislative Date 3/17/2023 Action Hearing canceled Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/21/2023	2/21/2023	First Reading Senate Rules
			Text - First - Sale of Residential Real Property - Offers to Purchase and Transfer Tax
Senate	3/14/2023	3/14/2023	Rereferred to Judicial Proceedings
Senate	3/16/2023	3/16/2023	Hearing 3/21 at 1:00 p.m.
Senate	3/17/2023	3/17/2023	Hearing canceled

File Code

Subjects

Statutes