Recordation tax; exemption of certain deeds. (HB1492)

Introduced By

Del. Marcus Simon (D-Falls Church) with support from co-patrons Del. Betsy Carr (D-Richmond), Del. Kaye Kory (D-Falls Church), and Del. Vivian Watts (D-Annandale)

Progress

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

Description

Recordation tax; exemption. Exempts from recordation tax (i) certain deeds of partition and (ii) deeds transferring property pursuant to a divorce decree. Under current law, the tax on such deeds is $0.50. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/05/2015Committee
01/05/2015Prefiled and ordered printed; offered 01/14/15 15100175D
01/05/2015Referred to Committee on Finance
01/18/2015Impact statement from TAX (HB1492)
01/20/2015Assigned Finance sub: Subcommittee #1
01/26/2015Impact statement from TAX (HB1492)
01/28/2015Subcommittee recommends laying on the table
02/10/2015Left in Finance