Bill
SB 5111
Concerning the excise tax treatment of amounts received by title and escrow businesses from clients for remittance to a county filing office for the purpose of recording documents.
2025-2026 Regular Session
Introduced by Mike Chapman and 4 co-sponsors
SB 5111 clarifies excise tax treatment for title and escrow business fees collected from clients for county document recording, potentially affecting state revenue and business operational costs.
Public hearing in the Senate Committee on Ways & Means at 4:00 PM.