HOUSE BILL 512

Sponsored By:

Delegate Doory

Entitled:

Recordation Tax - Refinancing Instrument

Synopsis:

Altering an exemption under the recordation tax for a mortgage or deed of trust securing the refinancing by the original mortgagor of real property that is used as the principal residence by the original mortgagor to provide that an affidavit required to qualify for the exemption may be filed by an agent of the original mortgagor; etc.

History by Legislative Date

House Action

1/31

First Reading Ways and Means

2/6

Hearing 2/20 at 3:00 p.m.

2/25

Favorable Report by Ways and Means

2/26

Favorable Report Adopted

Second Reading Passed

2/28

Third Reading Passed (136-0)

3/29

Returned Passed

5/16

Signed by the Governor Chapter 524

Senate Action

3/1

First Reading Judicial Proceedings

3/28

Favorable Report by Judicial Proceedings

3/29

Favorable Report Adopted

Second Reading Passed

3/30

Third Reading Passed (46-0)

Bill indexed under the following Subjects:

EXEMPTIONS

MORTGAGES

RECORDATION

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

Bill affects the following Statute:

Tax - Property

( 12-108 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

House

February 28, 2002: Third Reading Passed (136-0)

Senate

March 30, 2002: Third Reading Passed (46-0)