HB 1566 Recordation tax; limits fee imposed by cities and counties.
John A. Cosgrove | all patrons    ...    notes
| add to my profiles

Summary as introduced:
Local recordation fee.  Allows cities and counties to impose a fee not to exceed $250 on certain recorded instruments that are subject to the state recordation tax.  The fee will be paid by the grantor and will only be allowed in localities having a growth rate in K through 12 school-age population of one-half percent over the previous three years combined growth rate.  Also, affordable housing is exempt from the fee.  The revenues generated by the fee are to be used by the locality for public school capital projects.

Full text:
12/07/04  House: Prefiled & ordered printed; offered 01/12/05 054538276  pdf | impact statement

Status:
12/07/04  House: Prefiled & ordered printed; offered 01/12/05 054538276
12/07/04  House: Referred to Committee on Finance
01/12/05  House: Assigned to Finance sub-committee: #2
01/24/05  House: Tabled in Finance (21-Y 1-N)