Recordation tax; exempts deed of trust or mortgage given by utility consumer services cooperatives.
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SB 875 — Recordation tax; exempts deed of trust or mortgage given by utility consumer services cooperatives.
Last action — Approved by Governor-Chapter 442 (effective 7/1/17)
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House of Delegates
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced December 15, 2016. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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2 sponsors
1 primary, 1 co-sponsors signed on.
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Cleared a recorded vote
Passed 5 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Exempts from recordation tax deeds of trust given by utility consumer services cooperatives. This bill is identical to
Bill Text
What changed in the latest version
7 added · 13 removedPlain-language change summary
The updated bill, SB 875, includes new language that exempts specific property transfers related to hospitals from certain taxes. It adds clarity about real estate deeds meant for operating hospitals as non-profit ventures. Importantly, the amendment removes detailed tax provisions and regulations, streamlining the text to focus on the tax exemption for these hospital-related deeds. This change simplifies the law and makes it easier for non-profit hospitals to understand their tax obligations, which can help ensure better access to healthcare facilities.
SESSION history | hilite | pdf | print version VIRGINIA ACTS OF ASSEMBLY -- CHAPTER 442 An Act to amend and reenact § 58.1-811, as it is currently effective and as it may become effective, of the Code of Virginia, relating to recordation tax;
[S 875] Approved March 13, 2017 Be it enacted by the General Assembly of Virginia:
View plain text versions (3)
- Governor: Acts of Assembly Chapter text (CHAP0442) View text Current html March 13, 2017
- Senate: Bill text as passed Senate and House (SB875ER) View text html February 17, 2017
- Prefiled Senate: Prefiled and ordered printed; offered 01/11/17 17102545D html December 15, 2016
Action History
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Approved by Governor-Chapter 442 (effective 7/1/17)
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Governor's Action Deadline Midnight, March 27, 2017
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Enrolled Bill Communicated to Governor on 2/21/17
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Signed by President
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Signed by Speaker
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Enrolled
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Passed House BLOCK VOTE (99-Y 0-N)
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Read third time
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Read second time
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Referred to Committee on Finance
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Read first time
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Placed on Calendar
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Read second time and engrossed
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Referred to Committee on Finance
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Prefiled and ordered printed; offered 01/11/17 17102545D
Sponsors
- Ruff, Frank M., Jr. · Primary
- Hanger, Emmett W., Jr. · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 146 not signed on
Sponsors (1)
Co-sponsors (1)
Not signed on (146)
146 members have not signed on to this bill.
Show all 146 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 99 | 0 | 0 | 0 |
| Total | 99 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (99)
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Subjects
Frequently asked questions
- What does SB 875 do?
- Exempts from recordation tax deeds of trust given by utility consumer services cooperatives. This bill is identical to
- Who sponsors SB 875?
- SB 875 is sponsored by Ruff, Frank M., Jr. and Hanger, Emmett W., Jr..
- What is the current status of SB 875?
- This bill has been enacted into law. Introduced December 15, 2016. Enacted.
- Where can I track SB 875?
- Track SB 875 free on One Click Politics — get push/email alerts when it moves.
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