The Florida Senate

CS/CS/SB 728: Excise Tax on Documents [WPSC]

GENERAL BILL by Finance and Tax ; Judiciary ; Bennett

Excise Tax on Documents [WPSC]; Imposes the tax on deeds, instruments, and other writings on the consideration for a transfer of real property pursuant to a short sale. Provides that the consideration subject to the tax does not include unpaid indebtedness that is forgiven by a mortgagee. Defines the term "short sale." Authorizes the Department of Revenue to adopt criteria by rule indicating that a purported short sale is not an arm's length transaction.

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• Bill History

  Date	Chamber	Action
  1/14/2009	Senate	• Filed
  1/23/2009	Senate	• Referred to Judiciary; Finance and Tax; General Government Appropriations; Policy & Steering Committee on Ways and Means
  2/9/2009	Senate	• On Committee agenda-- Judiciary, 02/18/09, 9:00 am, 110-S
  2/18/2009	Senate	• CS by Judiciary; YEAS 8 NAYS 0
  2/19/2009	Senate	• Pending reference review under Rule 4.7(2) - (Committee Substitute); Now in Finance and Tax
  3/3/2009	Senate	• Introduced, referred to Judiciary; Finance and Tax; General Government Appropriations; Policy & Steering Committee on Ways and Means -SJ 00046; On Committee agenda-- Judiciary, 02/18/09, 9:00 am, 110-S; CS by Judiciary; YEAS 8 NAYS 0 -SJ 00118; CS read 1st time on 03/03/09 -SJ 00116; Pending reference review under Rule 4.7(2) - (Committee Substitute); Now in Finance and Tax -SJ 00118
  3/26/2009	Senate	• On Committee agenda-- Finance and Tax, 03/31/09, 4:30 pm, 301-S --Temporarily postponed
  3/27/2009	Senate	• On Committee agenda-- Finance and Tax, 04/01/09, 9:00 am, 301-S --Temporarily postponed
  3/30/2009	Senate	• On Committee agenda-- Finance and Tax, 04/02/09, 1:15 pm, 301-S
  4/2/2009	Senate	• CS/CS by Finance and Tax; YEAS 5 NAYS 0 -SJ 00309; CS read 1st time on 04/07/09 -SJ 00312
  4/3/2009	Senate	• Pending reference review under Rule 4.7(2) - (Committee Substitute)
  4/6/2009	Senate	• Original reference(s) removed: General Government Appropriations; Now in Policy & Steering Committee on Ways and Means -SJ 00321
  4/16/2009	Senate	• On Committee agenda-- Policy & Steering Committee on Ways and Means, 04/21/09, 1:30 pm, 412-K
  4/21/2009	Senate	• Favorable by- Policy & Steering Committee on Ways and Means; YEAS 21 NAYS 0 -SJ 00507
  4/22/2009	Senate	• Placed on Calendar, on 2nd reading -SJ 00507
  4/27/2009	Senate	• Placed on Special Order Calendar; Read 2nd time -SJ 00624; Amendment(s) adopted (621142) -SJ 00624; Substituted CS/CS/HB 55 (Died in House returning Messages) -SJ 00624; Laid on Table -SJ 00624

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• CS/CS/SB 728, Committee Substitute 2 (Current Bill Version) Posted 4/3/2009 at 3:36 PM

  Bill Text:	Web Page | PDF

  Analyses:	Finance and Tax (Post-Meeting) (pdf) Policy and Steering Committee on Ways and Means (Post-Meeting) (pdf)

  Related Bills (1)

  Bill Number	Subject	Filed By	Relationship	Last Action and Location
  H 55 (e1)	Excise Tax on Documents [SPSC]	Jenne	Similar	Last Action: 5/2/2009 H Indefinitely postponed and withdrawn from consideration; Died in returning Messages Location:

  Floor Amendments (1)

  Amendment	Sponsor	Filed	Last Floor Action	Format
  621142 - Amendment	Bennett	4/24/2009 9:15 AM	Senate: Adopted 4/27/2009	Web Page PDF

  Committee Votes (1)

  Date	Committee	Result
  4/21/2009 1:30 PM	Policy and Steering Committee on Ways and Means	21 Yeas - 0 Nays

  Citations - Statutes (1)

  Citation	Catchline	Location in Bill Location In Bill Help
  201.02	Tax on deeds and other instruments relating to real property or interests in real property.

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• CS/SB 728, Committee Substitute 1 Posted 3/3/2009 at 4:13 PM

  Bill Text:	Web Page | PDF

  Analyses:	Judiciary (Post-Meeting) (pdf)

  Committee Amendments (1)

  Amendment	Sponsor	Filed	Last Committee Action	Format
  924612 - Amendment	Finance and Tax (Bennett)	4/1/2009 8:07 AM	Replaced by Committee Substitute 4/2/2009	Web Page PDF

  Citations - Statutes (1)

  Citation	Catchline	Location in Bill Location In Bill Help
  201.02	Tax on deeds and other instruments relating to real property or interests in real property.

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• SB 728, Original Filed Version Posted 3/3/2009 at 3:43 PM

  Bill Text:	Web Page | PDF

  Analyses:	None

  Committee Amendments (1)

  Amendment	Sponsor	Filed	Last Committee Action	Format
  345254 - Amendment	Judiciary (Baker)	2/17/2009 5:04 PM	Favorable 2/18/2009	Web Page PDF

  Committee Votes (1)

  Date	Committee	Result
  2/18/2009 9:00 AM	Judiciary	8 Yeas - 0 Nays

  Citations - Statutes (1)

  Citation	Catchline	Location in Bill Location In Bill Help
  201.02	Tax on deeds and other instruments relating to real property or interests in real property.

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