BILL · 1999–00 SESSION

HB 1664: Real estate excise tax

Preventing the use of step transactions to avoid real estate excise tax.

Summary

  • C Applies real estate excise tax to certain "step transactions" involving formation, liquidation, dissolution, or reorganization of a partnership or corporation that owns real estate.
  • C Tax applies if a series of transactions transfers control of the partnership or corporation within a 12-month period.

From the House Bill Analysis (HB 1664), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 209, Laws of 1999
  1. IntroducedFeb 2, 1999
  2. Out of committee
  3. Passed HouseMar 12, 1999
  4. Passed SenateApr 14, 1999
  5. Governor
  6. LawMay 7, 1999
Prime sponsor
Mary Lou Dickerson (D-36)
Introduced
February 2, 1999 in the House
Last action
May 7, 1999
Session law
Chapter 209, Laws of 1999
Requested by
State agency
Companion bill
SB 5584
Budget
Has a fiscal note

Sponsors

Prime sponsor: Mary Lou Dickerson (D-36)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

House · Final Passage

March 12, 1999
Version voted on: HB 1664
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat47002
Republican49000
How each member voted

Yea (96)

Excused (2)

Senate · Final Passage

April 14, 1999
Version voted on: HB 1664
47 Yea 2 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat27000
Republican20200
How each member voted

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 1664 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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