SB216 Alabama 2012 Session
Bill Summary
Under existing law, a person who presents a deed, bill of sale, or other instrument conveying any real or personal property within this state or any interest in any such property to the judge of probate for recording must pay a privilege or license tax based upon the value of the property; however, there is no requirement to submit proof of the purchase price or value of the property at the time the instrument is presented for recording
This bill would provide that a person presenting a real property or personal property instrument to the judge of probate for recording shall present proof of the actual purchase price of property or actual value of the property, and that if proof is not presented, the privilege or license tax will be based upon the assessed value of the property and the person failing to submit the required proof shall be subject to monetary penalties for failure to comply with the law
To amend Section 40-22-1, Code of Alabama 1975, to require that a person presenting a deed, bill of sale, or other instrument conveying any real or personal property within this state or any interest in any such property to the judge of probate for recording shall present proof of the actual purchase price of property or actual value of the property, and that if such proof is not presented, the privilege or license tax will be based upon the assessed value of the property and the person failing to submit the required proof shall be subject to monetary penalties for failure to comply with the law.
Bill Actions
Action Date | Chamber | Action |
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May 16, 2012 | Forwarded to Governor at 10:13 p.m. on May 16, 2012 | |
May 16, 2012 | Assigned Act No. 2012-494. | |
May 16, 2012 | Signature Requested | |
May 16, 2012 | Enrolled | |
May 16, 2012 | Passed Second House | |
May 16, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 1585 | |
May 16, 2012 | McCutcheon motion to Table adopted Roll Call 1584 | |
May 16, 2012 | Judiciary Amendment again taken up | |
May 16, 2012 | Third Reading Passed | |
May 3, 2012 | Time Expired | |
May 3, 2012 | Judiciary Amendment Offered | |
May 3, 2012 | Third Reading Placed on the Calendar | |
April 26, 2012 | Read for the second time and placed on the calendar 1 amendment | |
April 17, 2012 | Read for the first time and referred to the House of Representatives committee on Judiciary | |
April 12, 2012 | Engrossed | |
April 12, 2012 | Taylor motion to Adopt adopted Roll Call 585 | |
April 12, 2012 | Again Read a Third Time and Pass adopted Roll Call 586. | |
April 12, 2012 | Taylor Amendment Offered | |
April 12, 2012 | Third Reading Passed | |
March 22, 2012 | Bedford unanimous consent to Carry Over to the Call of the Chair Granted | |
March 22, 2012 | Reed motion to reconsider third reading lost vote adopted Voice Vote | |
March 22, 2012 | Read for a third time and lost Roll Call 404 | |
March 22, 2012 | Irons motion to Adopt adopted Roll Call 403 | |
March 22, 2012 | Judiciary first Substitute Offered | |
March 22, 2012 | Third Reading Carried Over to Call of the Chair | |
March 8, 2012 | Read for the second time and placed on the calendar with 1 substitute and | |
February 7, 2012 | Read for the first time and referred to the Senate committee on Judiciary |
Bill Text
Bill Votes
Bill Documents
Type | Link |
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Bill Text | SB216 Alabama 2012 Session - Enrolled |
Bill Text | SB216 Alabama 2012 Session - Engrossed |
Bill Text | SB216 Alabama 2012 Session - Introduced |