Description: Requires the withholding of any general excise tax due from real estate agents on the disposition of real property acquired with the use of an escrow depository. Reduces rate of tax to 3.9% for real estate transactions processed through an escrow depository.
1-28-99 H Introduced and passed First Reading
1-28-99 H Referred to the committees on 1. CPC 2. FIN ,
referral sheet 6