Legislation Details

Reference No. CB-011-2017    Draft No. 1
Type: Council Bill Status: Failed
Meeting Body Public Safety and Fiscal Management Committee
Meeting Date 2/21/2017
Introduced Date Public Hearing Date
Effective date:    
Title: AN ACT CONCERNING TRANSFER AND RECORDATION TAXES FOR FORECLOSED PROPERTIES for the purpose of requiring prompt payment of transfer and recordation taxes for residential properties sold in foreclosure.
Proposers/Sponsors: Mel Franklin
Code sections: 10-192 -
Attachments: 1. B2017011, 2. CB-11-2017 AIS
Contact: Kathleen H. Canning, Legislative Officer

Title

AN ACT CONCERNING TRANSFER AND RECORDATION TAXES FOR FORECLOSED PROPERTIES for the purpose of requiring prompt payment of transfer and recordation taxes for residential properties sold in foreclosure.

 

Background

The proposed legislation will require the prompt payment of transfer and recordation taxes for residential properties sold in foreclosure.

 

THIS COUNCIL BILL WAS NOT ENACTED