1117-S AMH HANS HARO 138

SHB 1117 - H AMD 68

By Representative Hansen

ADOPTED 03/09/2013

    On page 22, beginning on line 20, after "inheritance" strike "or a transfer on death deed"

    On page 22, line 22, after "(b)" insert "A transfer by transfer on death deed, to the extent that it is not in satisfaction of a contractual obligation of the decedent owed to the recipient of the property.

(c)"

    Renumber the remaining subsections consecutively and correct any internal references accordingly.

EFFECT:  Narrows the real estate excise tax exemption for transfers by transfer on death deed by specifying that the exemption only applies if the deed is not in satisfaction of a contractual obligation.  

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