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Committee votes 4-3 to advance bill raising county real estate excise tax filing fee to $20 after rejecting amendment

2212757 · January 31, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A legislative committee reported out House Bill 1044 with a due-pass recommendation, approving a change that would replace the current $5 county filing fee on real estate excise tax affidavits with a $20 fee that adjusts every four years for inflation. An amendment to shift who retains the fee was defeated (RIC 359).

A legislative committee voted 4-3 to report out House Bill 1044 with a due-pass recommendation after rejecting Amendment RIC 359.

The bill would replace the existing $5 fee charged to file a real estate excise tax affidavit with a new $20 fee. Under the bill summary presented to the committee, the new fee would be increased every four years based on inflation, and revenue from the fee would be used to fund the statutory duties of the county treasurer and the county assessor.

Committee staff summarized the proposal before the vote, saying the bill “replaces a current $5 fee on the filing of real estate excise tax affidavit with the county treasurer with a new $20…

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