Bill Title: Amends the Real Estate Transfer Tax Law in the Property Tax Code. Contains provisions concerning electronic revenue stamps. Requires the recorder of deeds or registrar of titles to electronically file a return and electronically remit the tax to the Department of Revenue if the recorder or registrar uses an electronic revenue stamp or alternative indicia to indicate payment of the tax. Provides that a penalty shall be imposed upon the recorder or registrar of titles if a return is not timely filed or the tax is not fully paid. Amends the Uniform Penalty and Interest Act to make conforming changes. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Passed) 2014-08-15 - Public Act . . . . . . . . . 98-0929 [HB5613 Detail]

Text: Latest bill text (Chaptered) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Third Reading in Senate	2014-05-22	57	0	2	0	59	Passed	Link	View
House	Third Reading in House	2014-04-08	115	0	0	0	115	Passed	Link	View

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