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S07231 Summary:
BILL NO | S07231A |
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SAME AS | SAME AS A09041-A |
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SPONSOR | SALAZAR |
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COSPNSR | BIAGGI, HOYLMAN, JACKSON, MYRIE, RIVERA |
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MLTSPNSR | |
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Add §291-k, RP L; amd §§250, 253, 253-a, 255, 257 & 258, Tax L; amd §9-601, UCC | |
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Relates to requiring the recording of mezzanine debt and preferred equity investments and including mezzanine debt in the mortgage recording tax; defines mezzanine debt. |