Synopsis As Introduced Amends the Real Estate Transfer Tax Law in the Property Tax Code. Contains provisions concerning electronic revenue stamps. Requires the recorder of deeds or registrar of titles to electronically file a return and electronically remit the tax to the Department of Revenue if the recorder or registrar uses an electronic revenue stamp or alternative indicia to indicate payment of the tax. Provides that a penalty shall be imposed upon the recorder or registrar of titles if a return is not timely filed or the tax is not fully paid. Amends the Uniform Penalty and Interest Act to make conforming changes. Effective immediately.