BILL · 2023–24 SESSION

SB 5395: Real estate technology fee

Increasing the real estate technology fee dedicated to the maintenance and operation of property tax and real estate excise tax electronic processing, reporting, and revaluation systems.

Summary

  • Increases the Real Estate Excise Tax technology fee collected by county treasurers from $5.00 to $7.05 beginning January 1, 2024.
  • Requires the technology fee to be adjusted for inflation beginning in 2027 and every fourth year thereafter.

From the Senate Bill Report (Orig.) (SB 5395), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 16, 2023
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
John Lovick (D-44)
Introduced
January 16, 2023 in the Senate
Last action
January 8, 2024
Budget
Has a fiscal note

AN ACT Relating to increasing the real estate technology fee dedicated to the maintenance and operation of property tax and real estate excise tax electronic processing, reporting, and revaluation systems;

Sponsors

Prime sponsor: John Lovick (D-44)

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 Ways & Means.

SB 5395 in other sessions

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

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