CHAPTER NUMBER: 692
File Code: Taxes - Recordation and Transfer
Prior Year Introduction As: SB 675/99 - B&T
- Sponsored By:
-
Delegate Finifter
- Entitled:
-
Limited Liability Companies - Tax Exemption for Transfers of Real
Property to a Limited Liability Company and Conversions to a Limited
Liability Company
Allowing a foreign general partnership or a foreign limited
partnership to convert to a Maryland limited liability company;
altering the exemption from recordation and State and county transfer
taxes, for an instrument in writing that transfers title to real
property to a limited liability company, to include transfers from a
foreign general partnership, foreign limited partnership, foreign
limited liability partnership, foreign limited liability limited
partnership, foreign proprietorship, or foreign joint venture; etc.
House Action
- 2/21
- First Reading House Rules and Executive Nominations
- 3/6
- Re-referred Ways and Means
- 3/8
- Hearing 3/22 at 1:00 p.m.
- 3/27
- Favorable Report by Ways and Means
- 3/25
- Favorable Report Adopted
- Second Reading Passed
- 3/26
- Third Reading Passed (136-0)
- 4/8
- House Concur - Senate Amendments
- Third Reading Passed (136-0)
- Passed Enrolled
- 5/18
- Signed by the Governor Chapter 692
Senate Action
- 3/28
- First Reading Budget and Taxation
- Hearing 4/3 at 2:00 p.m.
- 4/3
- Hearing cancelled
- Hearing 4/4 at 1:30 p.m.
- 4/8
- Favorable with Amendments Report by Budget and Taxation
- 4/5
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/7
- Third Reading Passed with Amendments (47-0)
- Bill indexed under the following Subjects:
- EXEMPTIONS
- LIMITED LIABILITY COMPANIES
- NONRESIDENTS -see also- ALIENS
- PARTNERSHIPS
- REAL PROPERTY
- RECORDATION
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- TRANSFER TAX
- Bill affects the following Statutes:
- Corporations and Associations
- (
4A-101 ,
4A-211
)
- Tax - Property
- (
12-108 ,
13-207 ,
13-405
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
- Amendments:
- Senate
- Number: 219039/1 (PDF) Offered on: April 8, 2000 at:
12:16 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 26, 2000: Third Reading Passed (136-0)
- April 8, 2000: Third Reading Passed (136-0)
- Senate
- April 7, 2000: Third Reading Passed (47-0)
