MD SB202 | 2013 | Regular Session
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 9-1)
Status: Passed on May 16 2013 - 100% progression
Action: 2013-05-16 - Approved by the Governor - Chapter 452
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Moderate Partisan Bill (Democrat 9-1)
Status: Passed on May 16 2013 - 100% progression
Action: 2013-05-16 - Approved by the Governor - Chapter 452
Text: Latest bill text (Chaptered) [PDF]
Summary
Exempting from the recordation tax and the State transfer tax the transfer of real property between a parent business entity and its wholly owned subsidiary or between subsidiaries wholly owned by the same parent business entity under specified circumstances; and applying the Act to instruments of writing recorded on or after July 1, 2013.
Title
Recordation and Transfer Taxes - Transfer of Property Between Related Entities - Exemption
Sponsors
Roll Calls
2013-04-03 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2013-04-01 - House - House Floor - Third Reading Passed (132-0) (Y: 132 N: 0 NV: 0 Abs: 9) [PASS]
2012-03-11 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2013-04-01 - House - House Floor - Third Reading Passed (132-0) (Y: 132 N: 0 NV: 0 Abs: 9) [PASS]
2012-03-11 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2013-05-16 | Senate | Approved by the Governor - Chapter 452 |
2013-04-08 | Senate | Passed Enrolled |
2013-04-08 | Senate | Third Reading Passed (47-0) |
2013-04-08 | Senate | Senate Concur - House Amendments |
2013-04-06 | House | Third Reading Passed with Amendments (132-0) |
2013-04-05 | House | Second Reading Passed with Amendments |
2013-04-05 | House | Favorable with Amendments {895969/1 Report Adopted |
2013-04-05 | House | Favorable with Amendments Report by Ways and Means |
2013-03-28 | House | Hearing 3/28 at 1:00 p.m. |
2013-03-12 | House | First Reading Ways and Means |
2013-03-11 | Senate | Third Reading Passed (47-0) |
2013-03-07 | Senate | Second Reading Passed with Amendments |
2013-03-07 | Senate | Favorable with Amendments {579030/1 Report Adopted |
2013-03-07 | Senate | Favorable with Amendments Report by Budget and Taxation |
2013-02-13 | Senate | Hearing 2/13 at 1:00 p.m. |
2013-01-18 | Senate | First Reading Budget and Taxation |
Subjects
Corporations
Corporations and Associations
Exemptions
Limited Liability Companies
Partnerships
Real Property
Recordation
Revenue and Taxes
Sunset
Taxes - Recordation and Transfer
Transfer Tax
Corporations and Associations
Exemptions
Limited Liability Companies
Partnerships
Real Property
Recordation
Revenue and Taxes
Sunset
Taxes - Recordation and Transfer
Transfer Tax