House Bill 401 Alabama 2026 Session
Summary
- Primary Sponsor
- Kelvin DatcherRepresentativeDemocrat
- Session
- 2026 Regular Session
- Title
- Relating to Alabama Housing Trust Fund; mortgage recording fee increase
- Description
Under existing law, a fee is required to record certain mortgages, deeds of trust, contracts of conditional sale, or other similar instruments given to secure the payment of any debt which conveys any real or personal property.
This bill would increase the fee for recording of certain mortgages, deeds of trust, contracts of conditional sale, or similar instruments given to secure the payment of any debt which conveys any real or personal property.
This bill would modify the rate and distribution of the mortgage record tax in order to provide a dedicated revenue for the Alabama Housing Trust Fund.
This bill would also make nonsubstantive, technical revisions to update the existing code language to current style.
- Subjects
- Taxation & Revenue
Bill Actions
Pending House Ways and Means General Fund
Read for the first time and referred to the House Committee on Ways and Means General Fund
Bill Text
Documents
Source: Alabama Legislature