Recordation tax; changes basis of calculation on transfer of real estate. (HB1394)

Introduced By

Del. Jackson Miller (R-Manassas)

Progress

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

Description

Recordation taxes; basis. Changes the basis on which recordation taxes are calculated on the transfer of real estate to the stated consideration for the real estate. Under current law the basis is the consideration for the real estate or the value of the real estate, whichever is greater. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2008Presented and ordered printed 088791640
01/09/2008Referred to Committee on Finance
01/17/2008Assigned Finance sub: 1
01/19/2008Impact statement from TAX (HB1394)
02/04/2008Continued to 2009 in Finance
12/04/2008Left in Finance

Duplicate Bills

The following bills are identical to this one: SB551.