Hello, check this out-- new bills that cost us more money in the long run!!
Can they just work to fix our economic situation WITHOUT always thinking of new ways to tax us to death?? This one sounds like its small in the beginning, but DO NOT allow this ball to roll downhill... more and more transfer taxes/etc will really add up...
"How AB 827 & 985 affect your business:
AB 827 allows counties to collect up to an additional $3 for the recording of a real estate document, on top of other existing recording fees. Counties will then be allowed to use the proceeds from the additional "fees" to pay for the archiving of historical documents, including those from local agency meetings, records pertaining to transportation or "other records of public or historical" interest. Again, since the charge doesn't directly pay for the RECORDING of documents, it is a TRANSFER TAX, and under existing law must be approved by the voters.
In the case of AB 985, county recorders are using computer scanning now to search for, and expunge, social security numbers from records and C.A.R. has sought to have the same mechanism applied to illegal restrictions. The author has refused. C.A.R. has continued to oppose the bill because it does not utilize modern data processing methods to search for illegal restrictions and is a disguised tax. Over the last three years only about two dozen correction requests have been received statewide. AB 985 will encourage local government to overcharge for a correction program and use these funds for other programs. The $60 million the bill will raise in the first three years far exceeds the costs of actually correcting the property records in question. Again, since the fee collected does not directly pay for the RECORDING of documents, it is a TRANSFER TAX, and under existing law must be approved by the voters."
http://takeaction.realtoractioncenter.com/carealtors/notice-description.tcl?newsletter_id=42608098&r=Fp3nAn6aN5kj
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