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2007 SESSION

• | print version

HB 67 Recordation tax; additional distribution to localities.

Introduced by: Lynwood W. Lewis, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

State recordation tax; additional distribution to localities.  Provides that 50% of the amount of state recordation taxes collected that are attributable to deeds and other instruments recorded shall be apportioned and distributed annually to or for each such county or city, beginning June 30, 2007. This provision applies to any county or city that has a Purchase of Development Rights program in effect, or has filed a statement of intent with the Virginia Department of Agriculture and Consumer Services that it will create such a program within three years or less from the date of such filing.

FULL TEXT

• 12/15/05  House: Prefiled and ordered printed; offered 01/11/06 065130378  pdf | impact statement

HISTORY

• 12/15/05  House: Prefiled and ordered printed; offered 01/11/06 065130378
• 12/15/05  House: Referred to Committee on Finance
• 01/18/06  House: Assigned to Finance sub-committee: #1 (Orrock)
• 02/06/06  House: Continued to 2007 in Finance by voice vote
• 12/08/06  House: Left in Finance