Bills / H.B. 441
H.B. 441 Property Transaction Amendments
- Introduced
- House committee (stopped here)
- House vote
- Senate committee
- Senate vote
- Signed into law
What this bill does
When certain real property changes ownership, the seller or closing agent would have to provide property information, including the sales price, to the county assessor. Sales price information shared with the State Tax Commission or county assessors would no longer count as a private record under state records law, and it could be disclosed in certain circumstances.
Plain-English summary written by AI from the official description. Check the official text below.
Official description
- requires, when ownership of certain real property is transferred, the seller or the closing agent make available information about the property, including sales price, to a county assessor
- excludes sales price information shared with the State Tax Commission or the county assessors from the definition of a "private record" for purposes of the Government Records Access and Management Act
- authorizes disclosure of sales price information under certain circumstances
- makes technical changes
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