Recordation tax; exemption. (HB2661)

Introduced By

Del. Chris Peace (R-Mechanicsville) with support from co-patrons Del. Tim Hugo (R-Centreville), and Del. Albert Pollard (D-Lively)

Progress

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

Description

Recordation Tax. Eliminating the states share of the recordation tax applied to a propertys first $200,000 of value on transactions between April 1, 2009, and ending September 30, 2009. Amends § 58.1-801, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/23/2009Committee
01/23/2009Presented and ordered printed with emergency clause 099881676
01/23/2009Referred to Committee on Finance
01/27/2009Impact statement from TAX (HB2661)
02/03/2009Reported from Finance with amendment (21-Y 1-N) (see vote tally)
02/03/2009Committee substitute printed 091950676-H1
02/03/2009Reported from Finance with substitute (21-Y 1-N) (see vote tally)
02/03/2009Referred to Committee on Appropriations
02/10/2009Left in Appropriations