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This entry was published on 2020-04-24
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Imposition of tax
* § 1439-b. Imposition of tax. Notwithstanding any other provisions of
law to the contrary, the county of Columbia, acting through its local
legislative body, is hereby authorized and empowered to adopt and amend
local laws imposing in such county a tax on each conveyance of real
property or interest therein when the consideration exceeds five hundred
dollars, at the rate of one dollar for each five hundred dollars or
fractional part thereof, provided, however, that the first one hundred
fifty thousand dollars of any single family residence shall be exempt
from such tax. Such local law shall apply to any conveyance occurring on
or after the first day of a month to be designated by such legislative
body, which is not less than sixty days after the enactment of such
local laws, but shall not apply to conveyances made on or after such
date pursuant to binding written contracts entered into prior to such
date, provided that the date of execution of such contract is confirmed
by independent evidence such as the recording of the contract, payment
of a deposit or other facts and circumstances as determined by the

* NB Repealed December 31, 2023

* NB There are 3 § 1439-b's