Deeds of trust or mortgages; calculation of tax shall be calculated using rate scale, etc. (HB2161)
Introduced By
Del. Randy Minchew (R-Leesburg) with support from co-patrons Del. Marcus Simon (D-Falls Church), and Sen. Bill DeSteph (R-Virginia Beach)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
State recordation taxes and fees. Clarifies and makes substantive and technical changes to state recordation taxes and fees, including requiring that the recordation tax on any deed of trust that is supplemental to an existing deed of trust be calculated only on that portion of the debt that is in addition to the original debt on which the tax has been paid. Under current law, such calculation of the recordation tax is restricted to supplemental deeds of trust with the same lender. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/14/2015 | Committee |
01/14/2015 | Prefiled and ordered printed; offered 01/14/15 15102227D |
01/14/2015 | Referred to Committee on Finance |
01/27/2015 | Assigned Finance sub: Subcommittee #1 |
01/27/2015 | Impact statement from TAX (HB2161) |
01/28/2015 | Subcommittee recommends reporting with amendment(s) (7-Y 0-N) |
02/04/2015 | Reported from Finance with amendment (20-Y 0-N) (see vote tally) |
02/06/2015 | Read first time |
02/09/2015 | Read second time |
02/09/2015 | Committee amendment agreed to |
02/09/2015 | Engrossed by House as amended HB2161E |
02/09/2015 | Printed as engrossed 15102227D-E |
02/10/2015 | Read third time and passed House BLOCK VOTE (100-Y 0-N) |
02/10/2015 | VOTE: BLOCK VOTE PASSAGE (100-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 (HB2161E) |
02/17/2015 | Reported from Finance with substitute (14-Y 0-N) (see vote tally) |
02/17/2015 | Committee substitute printed 15105153D-S1 |
02/17/2015 | Incorporates HB1968 |
02/18/2015 | Constitutional reading dispensed (38-Y 0-N) (see vote tally) |
02/18/2015 | Read third time |
02/18/2015 | Reading of substitute waived |
02/18/2015 | Committee substitute agreed to 15105153D-S1 |
02/18/2015 | Engrossed by Senate - committee substitute HB2161S1 |
02/18/2015 | Passed Senate with substitute (37-Y 0-N) (see vote tally) |
02/18/2015 | Placed on Calendar |
02/18/2015 | Senate substitute agreed to by House 15105153D-S1 (92-Y 1-N) |
02/18/2015 | VOTE: ADOPTION (92-Y 1-N) (see vote tally) |
02/23/2015 | Enrolled |
02/23/2015 | Bill text as passed House and Senate (HB2161ER) |
02/23/2015 | Signed by Speaker |
02/24/2015 | Signed by President |
02/25/2015 | G Governor's Action Deadline Midnight, Monday, March 30, 2015 |
02/25/2015 | Enrolled Bill communicated to Governor on 2/25/15 |
02/25/2015 | G Governor's Action Deadline Midnight, Sunday, March 29, 2015 |
03/05/2015 | Impact statement from TAX (HB2161ER) |
03/23/2015 | G Approved by Governor-Chapter 488 (effective 7/1/15) |
03/23/2015 | G Acts of Assembly Chapter text (CHAP0488) |