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SB33Introduced in the Senate

Recordation and Transfer Taxes - Exemption for Related Business Entities - Common Law Trusts

IntroducedSenate Budget and Taxation

Introduced by Chris West, District 42

What does this bill do?

Plain-English breakdown

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Official description

Altering an exemption from the recordation tax and State and county transfer tax for transfers between related business entities to include transfers involving common law trusts; and applying the Act to instruments of writing recorded on or after July 1, 2026.

Where it stands

Hearing 1/21 at 10:00 a.m.

January 15, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

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Bill history

  1. Pre-filed

  2. First Reading Budget and Taxation

  3. Hearing 1/21 at 10:00 a.m.

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