HB 419-FN-A (1990): to impose a capital gains tax on speculative land sales.

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@misc{bill-1990-hb419, title = {HB 419-FN-A (1990): to impose a capital gains tax on speculative land sales.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1990/hb419}, note = {Accessed 24 Oct. 2026} }

HB 419-FN-A (1990)

to impose a capital gains tax on speculative land sales.

  • Status: Referred for interim study
  • Term: 1989-1990
  • House committee: Ways and Means
  • Subject: Miscellaneous

The Story

It was introduced on January 31, 1989 and referred to the House Ways and Means committee. The committee held a public hearing on February 16, 1989. The majority of the committee recommended that the House send it back to committee unanimously, 14–0. On March 2, 1989 the bill was referred to the Ways and Means committee. The committee held a public hearing on September 27, 1989. The committee held a work session on October 11, 1989. The majority of the committee recommended that the House study it after the session ends by a vote of 12–3. On January 9, 1990 the House voted to study it after the session ends on a voice vote. The committee reported back on its interim study of the bill: “Inexpedient to Legislate”, by a vote of 10 to 2.

Sponsors

  • Rep. LaMar (Ches 16) (prime sponsor)
  • Rep. Beaton (Merr 3)
  • Rep. Maviglio (Belk 1)
  • Rep. McCann (Straf 7)

Hearings and Sessions

  • February 16, 1989, 10:15 AM: hearing, House Ways and Means, RM204,LOB
  • September 27, 1989, 11:00 AM: hearing, House Ways and Means, RM305,LOB

Votes

  • January 9, 1990, House: Refer for Interim Study — voice vote, passed

The Docket

  • January 31, 1989: INTRODUCED AND REF TO WAYS & MEANS
  • February 16, 1989: HEARING 02/16/89 10:15 RM204,LOB FOR: WAYS & MEANS
  • February 22, 1989: MAJ REPORT RE-REF FOR: 3/2 VOTE (14-0cc )
  • March 2, 1989: RE-REFERRED TO WAYS AND MEANS; HJ35, P 779
  • September 27, 1989: HEARING SEPT 27 11:00 RM305,LOB FOR:WAYS AND MEANS
  • October 11, 1989: SUBCOM WRK SESS OCT11 10:00 RM202,LOB FOR:WAYS AND MEANS
  • November 3, 1989: RE-REF MAJ REPORT REF FOR STUDY FOR JAN09,1990 (VOTE 12-3)
  • January 9, 1990: REFERRED TO INTERIM STUDY VV; HJ9,P332
  • March 6, 1990: INT STUDY REPORT ITL FOR 1991 SESSION (VOTE 10-2) /W&M

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