File Code: Taxes - Recordation and Transfer
Prior Year Introduction As: HB 1100/98 - W&M
- Sponsored By:
-
Delegates Healey, Bozman, Heller, Conroy, Phillips, Hixson,
Shriver, and C. Davis
- Entitled:
-
Recordation and Transfer Taxes - Transfers of Controlling Interests
Imposing recordation and transfer taxes on the transfer of controlling
interest in a corporation, partnership, association, limited liability
company, limited liability partnership, other unincorporated form of
doing business, or a trust that owns interests in real property in
Maryland that constitute at least 80% of the value of its assets and
has an aggregate value of at least $500,000; establishing the rate of
taxation and the method of calculation of tax liability; exempting
specified transfers; etc.
House Action
- 2/1
- First Reading Ways and Means
- 2/6
- Hearing 2/20 at 1:00 p.m.
- 3/22
- Favorable with Amendments Report by Ways and Means
- Favorable with Amendments Report Adopted
- Special Order 3/23 (Delegate Malone) Adopted
- 3/23
- Floor Amendment (Delegate Malone) Adopted
- Special Order after Special Order calendar (Delegate Brinkley) Adopted
- Special Order later today (Delegate Brinkley) Adopted
- Floor Amendment (Delegate Brinkley)
- Special Order later today (Delegate Brinkley) Adopted
- Floor Amendment (Delegate Brinkley) Rejected (39-84)
- Second Reading Passed with Amendments
- 3/24
- Motion vote previous question (Delegate Moe) Adopted
- Third Reading Passed (90-39)
Senate Action
- 3/26
- First Reading Budget and Taxation
- Hearing 3/29 at 1:30 p.m.
- 4/6
- Unfavorable Report by Budget and Taxation
- Sponsored by:
- Delegate Anne Healey, District 22A
- Delegate K. Bennett Bozman, District 38
- Delegate Mary A. Conroy, District 23
- Delegate Clarence Davis, District 45
- Delegate Henry B. Heller, District 19
- Delegate Sheila E. Hixson, District 20
- Delegate Wendell F. Phillips, District 41
- Delegate Mark K. Shriver, District 15
- Bill indexed under the following Subjects:
- ASSESSMENTS AND TAXATION, DEPARTMENT OF
- ASSOCIATIONS -see also- COOPERATIVE ASSOCIATIONS
- CONTINUING CARE -see also- LONG TERM CARE; NURSING HOMES
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- ESTATES AND TRUSTS
- FEES -see also- DEVELOPMENT FEES AND TAXES
- INTEREST
- LIMITED LIABILITY COMPANIES
- PARTNERSHIPS
- PENALTIES
- REAL PROPERTY
- RECORDATION
- REPORTS
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- RULES AND REGULATIONS
- TRANSFER TAX
- Bill affects the following Statutes:
- Tax - Property
- (
12-110 ,
12-116 ,
13-103 ,
13-209
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 025061/1 (PDF) Offered on: March 22, 2002 at:
1:15 p.m. Status: Adopted
- Number: 403925/1 (PDF) Offered on: March 23, 2002 at:
12:23 p.m. Status: Adopted
- Number: 473522/1 (PDF) Offered on: March 23, 2002 at:
3:31 p.m. Status: Rejected
- Roll Call Votes (Legislative dates are shown):
- House
- March 23, 2002: Floor Amendment (Brinkley) {473522/1 Rejected (39-84)
- March 24, 2002: Third Reading Passed (90-39)
