2008 House Bill 6122 ↩

Senate Roll Call 974: Passed

To extend the .75 percent state real estate transfer tax to contracts for the transfer or acquisition of a controlling interest in any entity with an interest in property, even though that interest may be designated as personal property. Such transfers are reportedly a method to avoid the tax. A property transfer from a corporation or a limited liability company to its owners or members, or its creditors, for purposes of dissolving the company would be exempt, however.