HB16-1145
Documentary Fee For Residential Real Property
| Type | Bill |
|---|---|
| Session | 2016 Regular Session |
| Subjects |
Concerning the determination of the documentary fee imposed for recording a grant or conveyance of residential real property.
Bill Summary:
The act changes the determination of the documentary fee for filing a real property conveyance document with a county clerk and recorder as follows:
The act applies to fees imposed on documents recorded on or after July 1, 2016.
(Note: This summary applies to this bill as enacted.)
- Eliminates any reduction for separate consideration paid for personal property from the total sales price;
- Generally requires the consideration amount listed on the grant or conveyance document to be used to determine the documentary fee; and
- If there is no consideration amount or the amount listed on the grant or conveyance document is $500 or less, and there is a related declaration filed, then the total sales price listed on the declaration is used to determine the documentary fee.
The act applies to fees imposed on documents recorded on or after July 1, 2016.
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 02/17/2016 | PA1 |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 16-1145 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 6-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.001. | The motion passed without objection. | Vote summary |
| Refer House Bill 16-1145, as amended, to the Committee of the Whole. | The motion passed on a vote of 12-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 03/21/2016 | Third Reading | BILL |
34
AYE
0
NO
1
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 02/19/2016 | Third Reading | BILL |
63
AYE
1
NO
1
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 04/15/2016 | Governor | Governor Signed |
| 04/05/2016 | Governor | Sent to the Governor |
| 04/04/2016 | Senate | Signed by the President of the Senate |
| 03/30/2016 | House | Signed by the Speaker of the House |
| 03/21/2016 | Senate | Senate Third Reading Passed - No Amendments |
| 03/18/2016 | Senate | Senate Second Reading Passed - No Amendments |
| 03/15/2016 | Senate | Senate Committee on Local Government Refer Unamended - Consent Calendar to Senate Committee of the Whole |
| 03/04/2016 | Senate | Introduced In Senate - Assigned to Local Government |
| 02/19/2016 | House | House Third Reading Passed - No Amendments |
| 02/18/2016 | House | House Second Reading Passed with Amendments - Committee |
| 02/16/2016 | House | House Committee on Business Affairs and Labor Refer Amended to House Committee of the Whole |
| 01/21/2016 | House | Introduced In House - Assigned to Business Affairs and Labor |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 04/15/2016 | 108 | Documentary Fee For Residential Real Property |