Relating to an exception to the real estate transfer tax for deeds that transfer distributions of assets to beneficiaries of a trust

Where it is now

1. ✓
   Done: IntroducedJanuary 10, 2023
2. ✓
   Done: SubcommitteeJanuary 10, 2023
3. ✓
   Done: Senate committeeJanuary 26, 2023
4. ✓
   Done: Passes the SenateApril 25, 202349–0
5. –
   Skipped: House committeeSkipped
6. ✓
   Done: Passes the HouseFebruary 2, 202398–0
7. ✓
   Done: To the GovernorMay 9, 2023
8. ✓
   Done: Signed into lawJune 1, 2023

HF 111 became law → The same legislation passed as HF 111, so this version was set aside. Go to HF 111 What’s a funnel?

What’s in it

AI summary People who receive assets from a trust for free will no longer have to pay a real estate transfer tax. This change means they do not need to submit a specific value declaration to the county recorder when transferring these properties.¹

Changed since by amendment S-3086; see Amendments.

Full bill text · What changed before it passed²

Senate subcommittee

Named January 31, 2023. It hasn’t reported yet.

• Sen. Adrian Dickey REmail
• Sen. Carrie Koelker REmail
• Sen. Herman C. Quirmbach DEmail

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Family tree