Recordation Tax – Purchase Money Mortgage or Purchase Money Deed of Trust – Extent of Exemption
Sponsor: Chris West (District 42)Committee: Budget and TaxationSubject: Taxes - Recordation and TransferStatus: Hearing 1/19 at 1:30 p.m. (as of Nov 9, 2023)
What this bill does
Official synopsis
Providing that the exemption from the recordation tax for a purchase money mortgage or purchase money deed of trust applies only to the extent that the purchase money mortgage or purchase money deed of trust secures purchase money.
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Testimony (3)
MGA witness listFAV 3Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Machen, John (Jack) | Mayor & City Council of Baltimore | Oral + Written (PDF) |
| FAV | West, Christopher | Senator Chris West | Written (PDF) |
| FAV | Senator West, Senator Westlegislator | Individual | Oral |