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2008 SESSION
HB 1394 Recordation tax; changes basis of calculation on transfer of real estate.
Introduced by: Jackson H. Miller | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Recordation taxes; basis. Changes the basis on which recordation taxes are calculated on the transfer of real estate to the stated consideration for the real estate. Under current law the basis is the consideration for the real estate or the value of the real estate, whichever is greater.
FULL TEXT
HISTORY
- 01/09/08 House: Presented and ordered printed 088791640
- 01/09/08 House: Referred to Committee on Finance
- 01/17/08 House: Assigned Finance sub: 1
- 02/04/08 House: Continued to 2009 in Finance by voice vote