Tag: Public Records Assistance

28
Apr

Final Day: Graduated REET & Wrap-Up

The final days of the Session finally made public both budgets and new ways to pay for them. One component of this was SB 5998, the graduated real estate excise tax (REET). Conceptually, the bill is very simple: lower the REET on lower-value properties to help lower-income buyers afford to buy property. The rate rises (graduates) on higher-income properties because

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22
Apr

Final Stretch!

This week brought a lot of news, as the final weeks of Session often do. The wrongful death bill, SB 5163, was passed by the House and is expected to be signed into law by the Governor shortly. Despite coming close, we were unable to get any changes to the bill to limit liability to only the amount for which

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