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2003 SESSION

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HB 1883 Deed recordation fee for open-space preservation.

Introduced by: Joe T. May | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Deed recordation fee for open-space preservation. Imposes a 1-dollar fee on every deed admitted to record as of July 1, 2003. The bill requires the Comptroller to distribute on a monthly basis the revenue from such collected fees to the Virginia Outdoors Foundation. The Foundation, established to promote the preservation of open-space lands and to encourage private gifts of money, securities, land or other property to preserve the natural, scenic, historic, scientific, open-space and recreational areas of the Commonwealth, shall hold and administer these funds in accordance with its statutory purpose and powers.


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