BILL · 2019–20 SESSION

HB 1522: REET percentage of interest

Assessing the real estate excise tax on the percentage of controlling interest transferred in an entity.

Summary

  • Addresses excise taxes on real estate sales regarding the assessment of the tax on the percentage of controlling interest transferred in an entity.

From the Bill Digest (HB 1522), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 23, 2019
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Drew Stokesbary (R-31)
Introduced
January 23, 2019 in the House
Last action
January 13, 2020

AN ACT Relating to assessing the real estate excise tax on the percentage of controlling interest transferred in an entity;

Sponsors

Prime sponsor: Drew Stokesbary (R-31)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Finance.

HB 1522 in other sessions

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

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