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AB362Introduced in the Assembly

Provides for taxes on the sale or transfer of a controlling interest in an entity which possesses an interest in real property. (BDR 32-687)

Failed

Introduced by Venicia Considine, District 18

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

AN ACT relating to taxation; providing for the imposition, collection, administration and enforcement of taxes on the sale or transfer of a controlling interest in an entity which possesses an interest in real property in this State; providing penalties; and providing other matters properly relating thereto.

Where it stands

(Pursuant to Joint Standing Rule No. 14.3.2, no further action allowed.)

April 23, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Read first time. Referred to Committee on Revenue. To printer.

  2. From printer. To committee.

  3. Notice of eligibility for exemption.

  4. From committee: Amend, and do pass as amended.

  5. Placed on Second Reading File.

  6. Read second time. Amended. (Amend. No. 374.)

  7. Dispensed with reprinting.

  8. Taken from General File.

  9. Placed on Chief Clerk's desk.

  10. (Pursuant to Joint Standing Rule No. 14.3.2, no further action allowed.)

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