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Legislation


2004 Regular Session

SENATE BILL 379

File Code: Corporations and Associations
Sponsored By:
Senator Frosh
Entitled:
Real Property Entities - Transfers of Controlling Interests - Reporting and Notice Requirements

Synopsis:

Requiring specified entities that own specified interests in real property in Maryland to report to the State Department of Assessments and Taxation the amount of consideration paid for transfers of controlling interests in the entities; specifying the manner in which the reported consideration must be calculated; requiring a specified entity to file a report of a transfer of a controlling interest in the entity with the Department; requiring the report to include specified information; etc.

History by Legislative Date

Senate Action
2/4
First Reading Judicial Proceedings
2/11
Hearing 2/17 at 1:00 p.m.
House Action
No Action
Bill indexed under the following Subjects:
ASSESSMENTS AND TAXATION, DEPARTMENT OF
ASSOCIATIONS -see also- COOPERATIVE ASSOCIATIONS
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
ESTATES AND TRUSTS
FEES -see also- DEVELOPMENT FEES AND TAXES
LIMITED LIABILITY COMPANIES
MERGERS AND ACQUISITIONS
NOTICES
PARTNERSHIPS
REAL PROPERTY
REPORTS
RULES AND REGULATIONS
SECURITIES
Bill affects the following Statutes:
Corporations and Associations
( 1-203 , 1-407 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
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