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2015 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Vogel
$1 Recordation Fee for Virginia Outdoors Foundation (language only)

Item 39 #1s

Item 39 #1s

Judicial Department
Circuit Courts

Language
Page 29, after line 7, insert:
"J. Notwithstanding any other provision of law, the $1 fee set forth in Section 58.1-817 of the Code of Virginia shall be imposed on every deed, deed of trust, contract, or other instrument affecting title to real property admitted to record in a circuit court in a jurisdiction in which open space easements are held by the Virginia Outdoors Foundation."


Explanation
(This amendment expands the scope of a current statute to provide that the additional $1 recordation fee, which provides funding for the Virginia Outdoors Foundation, is to be broadly applied to all instruments affecting title to real property, and not limited to deeds only. Currently, this fee is not being applied uniformly across all jurisdictions in which the fee applies.)