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Who cares
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Sponsors
No co-sponsors yet.
History
- Substituted by A7085
- Advanced to third reading
- 2nd report cal.
- 1st report cal.200
- Referred to investigations and government operations
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 from December 1, 2009 to December 1, 2012, the expiration of the authorization to the county of Essex to impose an additional mortgage recording tax
Signed by Governor · Sponsor Teresa Sayward
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend chapter 327 of the laws of 2006, amending the tax law relating to authorizing the county of Essex to impose an additional mortgage recording tax, in relation to extending the expiration and repeal of such provisions
Purpose
To extend the authorization for Essex County to impose an additional mortgage tax from December 1, 2009 to December 1, 2012.
Summary of provisions
Section 1: amends section 3 of chapter 327 of the laws of 2006 to extend the expiration date of mortgage recording tax imposition by Essex County to December 1, 2012.
Section 2: contains the effective date.
Existing law
Section 3 of chapter 327 of the laws of 2006 which granted Essex County the authority to impose an additional mortgage recording tax expires on December 1, 2009.
Justification
The Essex County Board of Supervisors has requested the introduction of legislation extending their authority to impose an additional mortgage recording tax to December 1, 2012.
Legislative history
New Bill.
Fiscal implications
None to the state.
Local fiscal implications
Essex County anticipates the additional mortgage tax will generate approximately $430,000.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.