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Who cares
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Sponsors
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History
- Substituted by S7717
- Rules report cal.267
- Reported
- Reported referred to rules
- Referred to ways and means
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Extends the authorization for the county of Herkimer to impose a county recording tax on obligation secured by a mortgage on real property until 2012
Signed by Governor · Sponsor James L. Seward
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:A10975
Title of bill
An act to amend chapter 549 of the laws of 2005 amending the tax law relating to authorizing the county of Herkimer to impose a county recording tax on obligation secured by a mortgage on real property, in relation to the expiration thereof
Purpose
The purpose of the bill is to extend provisions authorizing Herkimer County to impose an additional mortgage recording tax for two years.
Summary of provisions
Amends section 2 of chapter 549 of the laws of2005 to authorize Herkimer County to enact a mortgage recording tax of twenty-five cents for each one hundred dollars of debt until December 1, 2012.
Existing law
The current authorization expires on December 1, 2010.
Justification
The Herkimer County Legislature has requested the introduction of this legislation by Resolution No. 129.
Legislative history
Chapter 549 of the laws of 2005
Fiscal implications
None to the state.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.