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S2450Introduced in the Senate

Requires that the tax imposed upon the conveyance of any real property that is located in more than one municipality to be allocated between or among the municipalities in proportions to the assessed value of the property located in each municipality.

Engrossed

Introduced by Meghan Kallman, District 15

What does this bill do?

Plain-English breakdown

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Official description

TAXATION -- REAL ESTATE CONVEYANCE TAX - Requires that the tax imposed upon the conveyance of any real property that is located in more than one municipality to be allocated between or among the municipalities in proportions to the assessed value of the property located in each municipality.

Where it stands

Senate read and passed

June 10, 2026

How did lawmakers vote?

SenateStage: Passage · June 10, 2026

38

Yes

0

No

0

Absent or Not Voting

38 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

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Bill history

  1. Introduced, referred to Senate Finance

  2. Scheduled for hearing and/or consideration (05/07/2026)

  3. Committee recommended measure be held for further study

  4. Scheduled for consideration (06/08/2026)

  5. Committee recommends passage

  6. Placed on Senate Calendar (06/10/2026)

  7. Senate read and passed

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