Recordation tax; supplemental writings. (HB1615)
Introduced By
Del. Rip Sullivan (D-Arlington)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Recordation tax; deeds of trust or mortgages. Provides that for a deed of trust or mortgage (i) that conveys property that is either (a) partly within and partly outside the Commonwealth or (b) is within the Commonwealth and secures debts secured by deeds of trust on property outside the Commonwealth and (ii) secures the entire amount of that debt, recordation tax shall only be imposed on the proportion of debt that the Virginia property bears to the actual value of the entire amount of property conveyed. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/16/2020 | Presented and ordered printed 20104636D |
01/16/2020 | Referred to Committee on Finance |
01/23/2020 | Assigned Finance sub: Subcommittee #2 |
01/26/2020 | Impact statement from TAX (HB1615) |
01/27/2020 | Subcommittee recommends reporting with substitute (9-Y 0-N) |
01/29/2020 | Reported from Finance with substitute (20-Y 0-N) (see vote tally) |
01/29/2020 | Committee substitute printed 20106827D-H1 |
01/31/2020 | Read first time |
02/03/2020 | Read second time |
02/03/2020 | Committee substitute agreed to 20106827D-H1 |
02/03/2020 | Engrossed by House - committee substitute HB1615H1 |
02/04/2020 | Read third time and passed House (98-Y 0-N) |
02/04/2020 | VOTE: Passage (98-Y 0-N) (see vote tally) |
02/05/2020 | Constitutional reading dispensed |
02/05/2020 | Referred to Committee on Finance and Appropriations |
02/11/2020 | Impact statement from TAX (HB1615H1) |
02/19/2020 | Reported from Finance and Appropriations (16-Y 0-N) (see vote tally) |
02/20/2020 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/21/2020 | Read third time |
02/21/2020 | Passed Senate (38-Y 0-N) (see vote tally) |
02/26/2020 | Enrolled |
02/26/2020 | Bill text as passed House and Senate (HB1615ER) |
02/27/2020 | Impact statement from TAX (HB1615ER) |
02/27/2020 | Signed by Speaker |
02/27/2020 | Signed by President |
03/05/2020 | G Governor's Action Deadline 11:59 p.m., April 6, 2020 |
03/05/2020 | Enrolled Bill communicated to Governor on March 5, 2020 |
03/05/2020 | G Governor's Action Deadline 11:59 p.m., March 12, 2020 |
03/12/2020 | G Approved by Governor-Chapter 334 (effective 7/1/20) |
03/12/2020 | G Acts of Assembly Chapter text (CHAP0334) |