2003 Green Book
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OFFICE OF REAL PROPERTY SERVICES

Adjusted
Appropriation
2002-03
Executive
Request
2003-04
Legislative
Appropriation
2003-04
Change


STATE OPERATIONS
General Fund 20,291,000 10,000,000 10,000,000 0
Special Revenue-Other 16,802,400 26,424,000 26,424,000 0
Total for STATE OPERATIONS 37,093,400 36,424,000 36,424,000 0

AID TO LOCALITIES
General Fund 15,300,000 21,840,000 21,840,000 0
Total for AID TO LOCALITIES 15,300,000 21,840,000 21,840,000 0

LEGISLATIVE ACTION

The Legislature concurs with the Executive recommendation.

Article VII

The Legislature approves legislation proposed by the Executive that would increase the recording fee on real property transfers from $25 to $50. This proposal would authorize county clerks to retain $9 from the fee, an increase of $6 from the current amount.

The Legislature amends legislation proposed by the Executive that would recover from the industry, the State’s cost of appraising oil and natural gas wells for local property taxation permanently. The amendment extends such authorization for three years.

The Legislature denies legislation proposed by the Executive that would place a one-year cap on STAR savings for non-senior homeowners.

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