Bills · 2015-2016 Regular Session

SB 279

Relating to: real estate transfer fee returns for conveyances exempt from the fee. (FE)

County — Finance County — Human services Municipality — Finance Municipality — Officers Ordinance Real estate transfer fee

Introduced, completed
Passes Senate, completed
Passes Assembly, completed
Governor signs, completed
Law, completed

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill requires that a person who conveys certain real property to another

must file a real estate transfer fee return even if the conveyance is exempt from the

fee. Currently, a person does not have to file a return if the conveyance is exempt

from the real estate transfer fee for any of the following reasons:

1. The person made the conveyance before October 1, 1969.

2. The property is conveyed from the United States or from this state or from

any agency or subdivision of either.

3. The property is conveyed to the United State or to this state or to any agency

or subdivision of either in order to construct a road, street, or highway.

4. The property is sold to pay delinquent taxes.

5. The property is conveyed by will, descent, or survivorship.

The bill requires that the person conveying the property file a real estate

transfer fee return even if the conveyance is exempt from the fee for any of the

reasons listed above, except that a return is not required for a conveyance made

before October 1, 1969.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Fiscal Estimate From DOR

Votes

Senate: Report adoption of Senate Amendment 1 recommended by Committee on Insurance, Housing, and Trade, Ayes 5, Noes 0

Passed 5–0 Oct 15, 2015 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Senate: Report passage as amended recommended by Committee on Insurance, Housing, and Trade, Ayes 5, Noes 0