BILL · 2003–04 SESSION

SB 6620: Real estate excise tax

Modifying the real estate excise tax administration of water rights.

Summary

  • REET provisions are modified to provide that sales of water rights transferred separately from land are to be reported and paid directly to the Department of Revenue within five days of the sale, as specified by the department. County treasurer recording requirements are modified to allow for acceptance of water right conveyance documents before tax has been paid.

From the Senate Bill Report (SB 6620), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 27, 2004
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Bob Morton (R-7)
Introduced
January 27, 2004 in the Senate
Last action
January 27, 2004
Budget
Has a fiscal note

AN ACT Relating to the real estate excise tax administration of water rights;

Sponsors

Prime sponsor: Bob Morton (R-7)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Natural Resources, Energy & Water.

SB 6620 in other sessions

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

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