Recordation tax; a deed to have amount of consideration stated on its first page of document. (HB734)

Introduced By

Del. Chris Jones (R-Suffolk) with support from co-patron Del. Scott Garrett (R-Lynchburg)

Progress

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

Description

Recordation tax.  Requires that a deed or other document regarding conveyance of real property state on its first page the actual consideration for the conveyance before it can be admitted to record. Amends § 58.1-802, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2012Committee
01/11/2012Prefiled and ordered printed; offered 01/11/12 12102900D
01/11/2012Referred to Committee on Finance
01/20/2012Assigned Finance sub: #1
01/28/2012Impact statement from TAX (HB734)
02/06/2012Subcommittee recommends reporting (10-Y 0-N)
02/06/2012Reported from Finance (22-Y 0-N) (see vote tally)
02/07/2012Read first time
02/08/2012Read second time and engrossed
02/09/2012Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/09/2012VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/10/2012Constitutional reading dispensed
02/10/2012Referred to Committee on Finance
02/20/2012Impact statement from TAX (HB734)
02/22/2012Reported from Finance (13-Y 0-N) (see vote tally)
02/23/2012Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/24/2012Read third time
02/24/2012Passed Senate (37-Y 0-N) (see vote tally)
02/24/2012Reconsideration of Senate passage agreed to by Senate (38-Y 0-N) (see vote tally)
02/24/2012Passed Senate (38-Y 0-N) (see vote tally)
03/01/2012Enrolled
03/01/2012Bill text as passed House and Senate (HB734ER)
03/01/2012Impact statement from TAX (HB734ER)
03/01/2012Signed by Speaker
03/03/2012Signed by President
04/04/2012G Approved by Governor-Chapter 513 (effective 7/1/12)
04/04/2012G Acts of Assembly Chapter text (CHAP0513)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 40 seconds.