Recordation tax; exemption for deeds of trust or mortgages given by nonprofit organization. (SB1344)

Introduced By

Sen. Benny Lambert (D-Richmond)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Recordation tax; exemptions. Provides an exemption from recordation taxes for deeds of trust or mortgages given by a nonprofit corporation or limited liability company that is owned or controlled by a nonprofit college or other nonprofit institution of learning. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/16/2007Presented and ordered printed 077488748
01/16/2007Referred to Committee on Finance
01/30/2007Impact statement from TAX (SB1344)
02/01/2007Constitutional reading dispensed (39-Y 0-N)
02/01/2007VOTE: (39-Y 0-N) (see vote tally)
02/02/2007Read second time and engrossed
02/05/2007Read third time and passed Senate (39-Y 0-N)
02/05/2007VOTE: (39-Y 0-N) (see vote tally)
02/05/2007Communicated to House
02/06/2007Impact statement from TAX (SB1344)
02/06/2007Placed on Calendar
02/06/2007Read first time
02/06/2007Referred to Committee on Finance
02/12/2007Tabled in Finance