AL SB107 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 21 2023 - 25% progression, died in chamber
Action: 2023-05-31 - Indefinitely Postpone
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 21 2023 - 25% progression, died in chamber
Action: 2023-05-31 - Indefinitely Postpone
Text: Latest bill text (Introduced) [PDF]
Summary
To amend Section 40-22-2, Code of Alabama 1975; to increase the fee for recording of certain mortgages, deeds of trust, contracts of conditional sale, or other instruments of like character which is given to secure the payment of any debt which conveys any real or personal property; and to modify the rate and distribution of the mortgage record tax in order to provide a dedicated revenue for the Alabama Housing Trust Fund.
Title
To amend Section 40-22-2, Code of Alabama 1975; to increase the fee for recording of certain mortgages, deeds of trust, contracts of conditional sale, or other instruments of like character which is given to secure the payment of any debt which conveys any real or personal property; and to modify the rate and distribution of the mortgage record tax in order to provide a dedicated revenue for the Alabama Housing Trust Fund.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-05-31 | Senate | Indefinitely Postpone |
| 2023-05-11 | Senate | Read Second Time in House of Origin |
| 2023-05-10 | Senate | Reported Out of Committee in House of Origin |
| 2023-05-10 | Senate | Reported Favorably from Senate Finance and Taxation General Fund |
| 2023-05-10 | Senate | Reported Out of Committee in House of Origin |
| 2023-05-10 | Senate | Reported Favorably from Senate Finance and Taxation General Fund |
| 2023-03-21 | Senate | Introduced and Referred to Senate Finance and Taxation General Fund |
| 2023-03-21 | Senate | Read First Time in House of Origin |
