SENATE BILL 346

Sponsored By:

Senator Boozer

Entitled:

Recordation Tax - Exemption for Purchase Money Mortgages

Synopsis:

Providing that in determining eligibility for an exemption from the State recordation tax, the date that an instrument of writing is fully executed is the later of the date of last acknowledgment or the date stated on the instrument of writing.

Legislative History

Senate Action

1/27

First Reading Budget and Taxation

1/29

Hearing 2/12 at 1:00 p.m.

1/30

Hearing cancelled

Hearing 2/12 at 1:30 p.m.

2/17

Favorable Report by Budget and Taxation

2/18

Favorable Report Adopted

Second Reading Passed

2/20

Third Reading Passed (47-0)

4/4

Returned Passed

4/29

Signed by the Governor Chapter 165

House Action

2/21

First Reading Ways and Means

3/5

Hearing 3/18 at 1:00 p.m.

4/2

Favorable Report by Ways and Means

3/29

Favorable Report Adopted

Second Reading Passed

3/31

Third Reading Passed (137-1)

Bill indexed under the following Subjects:

EXEMPTIONS

MORTGAGES

RECORDATION -see also- TRANSFER TAX

REVENUE AND TAXES -see also specific taxes -

Bill affects the following Statute:

Tax - Property

( 12-108 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)