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CA AB1888

Bill

Official Source

Status

Passed

6/4/2014

Primary Sponsor

Philip Ting

Click for details

Origin

State Assembly

2013-2014 Session

AI Summary

  • Amends Sections 11932 and 11933 of the Revenue and Taxation Code regarding documentary transfer tax requirements
  • Removes the requirement that the amount of tax due be shown on a separate paper affixed to the document upon request
  • Requires the amount of tax due and property location to appear on the face of the document itself
  • Maintains requirement that recorders cannot record deeds or instruments subject to tax unless the tax is paid at time of recording
  • Updates the signed declaration requirement to reflect that tax amount must appear on the face of the document in compliance with Section 11932

Legislative Description

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

Last Action

Chaptered by Secretary of State - Chapter 20, Statutes of 2014.

6/4/2014

Committee Referrals

Governance and Finance5/8/2014
Rules4/24/2014
Local Government3/3/2014

Full Bill Text

No bill text available