To amend Section 40-22-2, Code of Alabama 1975; to increase the fee for recording of certain mortgages, deeds of trust, contracts of conditional sale, or other instruments of like character which is given to secure the payment of any debt which conveys any real or personal property; and to modify the rate and distribution of the mortgage record tax in order to provide a dedicated revenue for the Alabama Housing Trust Fund.
Summary
Mortgages, fee increase for recording of mortgages, deeds of trust, distribution of proceeds to Alabama housing trust fund.
Bill status
died
1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
Governor
Introduced Mar 21, 2023
Last action May 31, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
2
Committee
2
May 10, 2023
Upper · Passed
Reported Out of Committee in House of Origin
upper
May 10, 2023
Upper · Passed
Reported Favorably (Finance and Taxation General Fund)
upper
Mar 21, 2023
Introduced
Introduced and Referred (Finance and Taxation General Fund)
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Linda Coleman-Madison
DDemocratic
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