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Who cares
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Sponsors
No co-sponsors yet.
History
- Substituted by A8629
- Ordered to third reading cal.689
- Committee discharged and committed to rules
- 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 until December 1, 2012, the expiration of the authority of the county of Hamilton to impose a mortgage 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 326 of the laws of 2006, amending the tax law relating to authorizing the county of Hamilton to impose a county recording tax on obligations secured by mortgages on real property, in relation to extending the expiration thereof
Purpose
To extend the authorization for Hamilton County to impose an additional mortgage tax from December 1, 2009 to December 1, 2012.
Summary of provisions
Section 1: amends section 2 of chapter 326 of the laws of2006 to extend the expiration date of mortgage recording tax imposition by Hamilton County to December 1, 2012.
Section 2: contains the effective date.
Existing law
Section 2 of chapter 326 of the laws of 2006 which granted Hamilton County the authority to impose an additional mortgage recording tax expires on December 1, 2009.
Justification
The Hamilton 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
Hamilton County estimates $90,000 in revenue.
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.