2009 Regular Session


File Code: Taxes - Recordation and Transfer Crossfiled with: HOUSE BILL 983
Sponsored By:
Senators Madaleno, Frosh, Pinsky, Raskin, and Rosapepe
Recordation and Transfer Tax - Controlling Interest Transfers


Altering the definition of real property entity under the controlling interest transfer tax to remove a requirement that the entity own real property of at least $1,000,000 value; requiring the articles of organization of a limited liability company to include the name and address of specified organizers, members, managers, and authorized persons; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
First Reading Budget and Taxation
Hearing 3/18 at 1:00 p.m.
Hearing cancelled
Hearing 3/25 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Richard S. Madaleno, Jr., District 18
Senator Brian E. Frosh, District 16
Senator Paul G. Pinsky, District 22
Senator Jamie Raskin, District 20
Senator Jim Rosapepe, District 21

Bill indexed under the following Subjects:

Assessments and Taxation, Department of
Corporations -see also- Municipal Corps; Public Corps & Inst
Limited Liability Companies
Mergers and Acquisitions
Real Property
Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.
Transfer Tax

Bill affects the following Statutes:

Corporations and Associations
( 4A-101 , 4A-204 , 4A-204 )
Tax - Property
( 12-117 , 12-117 )


Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered