MD SB657 | 2010 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 7-0)
Status: Passed on May 20 2010 - 100% progression
Action: 2010-05-20 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]

Summary

Clarifying that for the purposes of recordation taxes and the State and county transfer taxes, the consideration payable for an instrument of writing to which the tax applies includes only the amount paid or delivered in return for the sale of the property and does not include the amount of any debt forgiven or no longer secured by a mortgage or deed of trust; and making the Act an emergency measure.

Tracking Information

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Title

Recordation Taxes and State and County Transfer Taxes - Debt Forgiven in "Short

Sponsors


Roll Calls

2010-04-09 - Senate - Third Reading Passed (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2010-03-18 - Senate - Third Reading Passed (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2010-05-20 Approved by the Governor
2010-04-07 Third Reading Passed with Amendments (136-1)
2010-04-06 Second Reading Passed with Amendments
2010-04-06 Favorable with Amendments Report Adopted
2010-04-12 Favorable with Amendments Report by Ways and Means
2010-03-24 Hearing 4/1 at 1:00 p.m.
2010-03-19 First Reading Ways and Means
2010-04-09 Passed Enrolled
2010-04-09 Third Reading Passed (47-0)
2010-04-09 Senate Concur - House Amendment
2010-03-18 Third Reading Passed (47-0)
2010-03-16 Second Reading Passed with Amendments
2010-03-16 Floor Committee Amendment Adopted
2010-03-16 Favorable with Amendments Report Adopted
2010-03-15 Favorable with Amendments Report by Budget and Taxation
2010-02-17 Hearing 3/10 at 1:00 p.m.
2010-02-05 First Reading Budget and Taxation

Subjects


Maryland State Sources


Bill Comments

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