SB 1218: RELATING TO THE CONVEYANCE TAX.

Establishes the Homeless Services Special Fund.  Allows counties to apply for matching funds from the Affordable Homeownership Revolving Fund for certain housing projects.  Increases the conveyance tax rates for certain properties.  Repeals the separate conveyance tax rates for the sale of a condominium or single family residence for which the purchaser is ineligible for a county homeowner's exemption on property tax and establishes conveyance tax rates for multifamily residential properties.  Establishes new exemptions to the conveyance tax.  Allocates collected conveyance taxes to the Affordable Homeownership Revolving Fund, Homeless Services Special Fund and general fund.  Amends allocations to the Land Conservation Fund and Rental Housing Revolving Fund.