MD SB574 | 2012 | Regular Session
Status
Spectrum: Committee Bill
Status: Introduced on February 3 2012 - 25% progression, died in committee
Action: 2012-02-08 - Hearing 2/22 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 3 2012 - 25% progression, died in committee
Action: 2012-02-08 - Hearing 2/22 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Providing that secured debt with respect to specified indemnity mortgages on specified public utility property securing a guarantee of repayment of a loan is deemed for purposes of the recordation tax to be incurred when and to the same extent as debt is incurred on the guaranteed loan and the recordation tax applies with respect to these indemnity mortgages in a specified manner; defining terms; etc.
Title
Recordation Tax - Public Utilities - Indemnity Mortgages
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-08 | Hearing 2/22 at 1:00 p.m. | |
| 2012-02-03 | First Reading Budget and Taxation |
Subjects
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/SB0574.htm |
| Text | http://mlis.state.md.us/2012rs/bills/sb/sb0574f.pdf |
