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S5850Senate2009-2010 SessionSame asA8831

Authorizes the county of Schoharie to impose a county recording tax on obligation secured by a mortgage on real property

Sponsor James L. SewardSD-51
Status
Senate Floor Calendar
Impact
Pending
Outcome
Companion signed

Bill progress

Signed via A8831

What's happening

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Who cares

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Sponsors

Primary sponsor
James L. Seward

Senator · Senate District 51

No co-sponsors yet.

History

  1. Substituted by A8831
  2. Ordered to third reading cal.696
  3. Referred to rules

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.

A8831Assembly

Authorizes the county of Schoharie to impose a county recording tax on obligation secured by a mortgage on real property

Signed by Governor · Sponsor Peter Lopez

Signed into law

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

Title of bill

An act to amend chapter 333 of the laws of 2006 amending the tax law relating to authorizing the county of Schoharie to impose a county recording tax on obligation secured by a mortgage on real property, in relation to extending the effectiveness thereof

Purpose

The purpose of the bill is to extend provisions authorizing Schoharie County to impose an additional mortgage recording tax for two years.

Summary of provisions

Amends section 2 of chapter 333 of the laws of 2006 to authorize Schoharie County to enact a mortgage recording tax of twenty-five cents for each one hundred dollars of debt until December 1, 2011.

Existing law

The current authorization expires on December 1, 2009.

Justification

The Schoharie County Legislature has requested the introduction of this legislation by Resolution 29.

Legislative history

Chapter 333 of the laws of 2006

Fiscal implications

None to state.

Effective date

Immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.