HB 265 - Intangible tax; property in more than one county; prorated payment

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Current Status

03/08/06 - House Committee Favorably Reported

First Reader Summary

A BILL to be entitled an Act to amend Code Section 48-6-69 of the Official Code of Georgia Annotated, relating to the recording, payment, and certification where encumbered real property is located in more than one county or located within and outside the state, so as to provide that the intangible recording tax may be prorated among the counties in which the real property is located; to provide that upon payment of the prorated tax to a county, the instrument may be recorded in said county; to provide for related matters; to repeal conflicting laws; and for other purposes.

Status History

Bill History
Date Action
02/03/2005 House First Readers
02/07/2005 House Second Readers
03/08/2006 House Committee Favorably Reported