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Bill > SSB1007


IA SSB1007

IA SSB1007
A bill for an act relating to an exception to the real estate transfer tax for deeds that transfer distributions of assets to beneficiaries of a trust.(See SF 150.)


summary

Introduced
01/10/2023
In Committee
01/10/2023
Crossed Over
Passed
Dead
04/16/2024

Introduced Session

90th General Assembly

Bill Summary

This bill creates an exception to the real estate transfer tax for deeds that transfer distributions of assets to beneficiaries of a trust. By operation of law, a declaration of value is not required to be submitted to the county recorder for such transfers under Code sections 428A.1(2) and 428A.4(2).

Committee Categories

Justice

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Judiciary (Senate)

Last Action

Committee report approving bill, renumbered as SF 150. (on 01/26/2023)

bill text


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