BILL · 2007–08 SESSION

HB 1161: Sale of real property

Modifying local excise tax provisions on the sale of real property.

Summary

  • Requires a city that imposes the 0.5 percent real estate excise tax (REET) in lieu of the optional sales and use tax authority for cities to reduce its REET tax rate by the amount of rate imposed by the county under the county optional sales and use tax authority.

From the House Bill Report (HB 1161), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedJan 11, 2007
  2. Out of committeeMar 5, 2007
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Brian Sullivan (D-21)
Introduced
January 11, 2007 in the House
Last action
January 14, 2008
Budget
Has a fiscal note

AN ACT Relating to local excise taxation on the sale of real property in lieu of imposing local sales and use taxes;

Sponsors

Prime sponsor: Brian Sullivan (D-21)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

No recorded floor votes.

History

  1. House Rules "X" file.
  2. By resolution, reintroduced and retained in present status.
  3. Passed to Rules Committee for second reading.
  4. Minority; do not pass.
  5. FIN - Majority; do pass with amendment(s).
  6. FIN - Executive action taken by committee.
  7. First reading, referred to Finance.

HB 1161 in other sessions

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

Report wrong or missing information on this page