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1999 SESSION

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HB 1722 Recordation tax; exemption for Amherst Co. Habitat for Humanity.

Introduced by: S. Vance Wilkins, Jr. | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Recordation tax exemption in Amherst County. Provides an exemption from recordation tax on deeds transferring property in Amherst County from a Habitat for Humanity-type nonprofit organization. The exemption also applies to deeds of trust or mortgage securing loans made by such an organization.

SUMMARY AS PASSED HOUSE:

Recordation tax; exemption for property transferred from the Amherst County Habitat for Humanity, Inc. Provides an exemption from recordation tax for deeds transferred from the Amherst County (by population bracket) Habitat for Humanity, Inc., and for mortgage instruments recorded in their favor.

SUMMARY AS INTRODUCED:

Recordation tax; exemption for property transferred from the Amherst County Habitat for Humanity, Inc. Provides an exemption from recordation tax for deeds transferred from the Amherst County Habitat for Humanity, Inc and for mortgage instruments recorded in their favor.