Recordation tax; open line deeds of trust. (HB1968)
Introduced By
Sen. Bill DeSteph (R-Virginia Beach) with support from co-patron Del. Daun Hester (D-Norfolk)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Recordation tax; open line deeds of trust. Requires that the recordation tax on a deed of trust securing an open line of credit when the amount of the line of credit is increased be paid only on the difference between the amount of the original line of credit and the new amount. Read the Bill »
Status
02/17/2015: Merged into HB2161
History
| Date | Action |
|---|---|
| 01/13/2015 | Committee |
| 01/13/2015 | Prefiled and ordered printed; offered 01/14/15 15102042D |
| 01/13/2015 | Referred to Committee on Finance |
| 01/20/2015 | Assigned Finance sub: Subcommittee #1 |
| 01/27/2015 | Impact statement from TAX (HB1968) |
| 01/28/2015 | Subcommittee recommends reporting (7-Y 0-N) |
| 02/04/2015 | Reported from Finance (19-Y 1-N) (see vote tally) |
| 02/06/2015 | Read first time |
| 02/09/2015 | Read second time and engrossed |
| 02/10/2015 | Read third time and passed House (99-Y 0-N) |
| 02/10/2015 | VOTE: PASSAGE (99-Y 0-N) (see vote tally) |
| 02/11/2015 | Constitutional reading dispensed |
| 02/11/2015 | Referred to Committee on Finance |
| 02/13/2015 | Impact statement from TAX (HB1968) |
| 02/17/2015 | Incorporated by Finance (HB2161-Minchew) (14-Y 0-N) (see vote tally) |