Relating to: the amount and distribution of the real estate transfer fee, grants under the land information program, real property recording notification systems, and making an appropriation. (FE)

AB 216 reduces the real estate transfer fee from 30 to 20 cents per $100 of property value for all transactions. It changes fee distribution so 50% remains with counties and 50% goes to the state, with 46% of state funds allocated to county land information systems through new grant formulas. The bill also requires counties to establish free property monitoring systems for residents tracking changes to their properties, with no fees charged for this service. These changes directly affect all real estate buyers/sellers and county governments managing land records.