Bill Text: CA AB1888 | 2013-2014 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Documentary transfer tax: document for recordation: amount of tax due shown on separate paper.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2014-06-04 - Chaptered by Secretary of State - Chapter 20, Statutes of 2014. [AB1888 Detail]

Download: California-2013-AB1888-Introduced.html

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BILL NUMBER: AB 1888	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Ting

                        FEBRUARY 19, 2014

   An act to amend Section 11932 of the Revenue and Taxation Code,
relating to taxation.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1888, as introduced, Ting. Documentary transfer tax: document
for recordation: amount of tax due shown on separate paper.
   The Documentary Transfer Tax Act authorizes the board of
supervisors of a county or city and county to impose a tax with
expect to specified instruments that transfer specified interests in
real property. Existing law requires the amount of tax due and the
location of the property to show on the face of the document, and if
the party submitting the document for recordation requests, that the
amount of tax due be shown on a separate paper affixed to the
document.
   This bill would delete the requirement that, upon request, the
amount of tax due be shown on a separate paper affixed to the
document.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 11932 of the Revenue and Taxation Code is
amended to read:
   11932.  If a county has imposed a tax pursuant to this part, every
document subject to tax  which   that  is
submitted for recordation shall show on the face of the document the
amount of tax due and the incorporated or unincorporated location of
the lands, tenements or other realty described in the document.
 If the party submitting the document for recordation so
requests, the amount of tax due shall be shown on a separate paper
which shall be affixed to the document by the recorder after the
permanent record is made and before the original is returned as
specified in Section 27321 of the Government Code.