Language Page 529, after line 20, insert:"§ 3-5.02 ASSESS RECORDATION FEEIn addition to the state recordation tax collected pursuant to § 58.1-801 A, Code of Virginia, there is hereby assessed a five dollar fee on every deed admitted to record on or after May 1, 2002. Proceeds collected are to be deposited into the general fund of the state treasury and used for terrorism preparedness and homeland security.”
Explanation(This amendment assesses a fee, in addition to the state recordation tax collected pursuant to § 58.1-801 A, Code of Virginia, on each deed admitted to record on or after May 1, 2002.)