2023 Regular Session • Alabama Legislature
SB107
Legislative Summary
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.
Bill History
3/21/2023
Read First Time in House of Origin
Senate
3/21/2023
Introduced and Referred to Senate Finance and Taxation General Fund
Senate
5/10/2023
Reported Favorably from Senate Finance and Taxation General Fund
Senate
5/10/2023
Reported Out of Committee in House of Origin
Senate
5/10/2023
Reported Favorably from Senate Finance and Taxation General Fund
Senate
5/10/2023
Reported Out of Committee in House of Origin
Senate
5/11/2023
Read Second Time in House of Origin
Senate
5/31/2023
Indefinitely Postpone
Senate
Status Information
Current Status
Introduced(3/21/2023)
Chamber
Senate
Sine DiePrior Session
Sponsors
Democrat: 1
Primary Sponsor
Linda Coleman-Madison
Democrat