File Code: Taxes - Recordation and Transfer
Prior Year Introduction As: HB 557/02 - W&M
Crossfiled with: SENATE BILL 120
- Sponsored By:
-
Delegates Healey, Hixson, Bozman, Heller, Conroy, C. Davis,
Bobo, Gordon, and Howard
- 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
- 1/10
- First Reading Ways and Means
- 2/5
- Hearing 2/20 at 1:00 p.m.
Senate Action
- No Action
- Sponsored by:
- Delegate Anne Healey, District 22
- Delegate Elizabeth Bobo, District 12B
- Delegate K. Bennett Bozman, District 38B
- Delegate Mary A. Conroy, District 23A
- Delegate Clarence Davis, District 45
- Delegate Michael R. Gordon, District 17
- Delegate Henry B. Heller, District 19
- Delegate Sheila E. Hixson, District 20
- Delegate Carolyn J. B. Howard, District 24
- Bill indexed under the following Subjects:
- ASSESSMENTS AND TAXATION, DEPARTMENT OF
- ASSOCIATIONS -see also- COOPERATIVE ASSOCIATIONS
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- EXEMPTIONS
- FEES -see also- DEVELOPMENT FEES AND TAXES
- INTEREST
- LIMITED LIABILITY COMPANIES
- PARTNERSHIPS
- PENALTIES
- REAL ESTATE INVESTMENT TRUSTS
- 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, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
