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S2983Senate2011-2012 SessionSame asA2462

Extends the authority of the city of Yonkers to impose a mortgage recording tax

Sponsor Andrea Stewart-CousinsSD-35Affects Finance
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Who cares

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Sponsors

Primary sponsor
Andrea Stewart-Cousins

Senator · Senate District 35

No co-sponsors yet.

History

  1. Signed chap.392
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Home rule request
  6. Ordered to third reading rules cal.516
  7. Substituted for A2462A
  8. Referred to ways and means
  9. Delivered to assembly
  10. Passed senateVote 61–0
  11. Advanced to third reading
  12. 2nd report cal.
Show 2 earlier actions
  1. 1st report cal.465
  2. 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.

A2462Assembly

Extends the authority of the city of Yonkers to impose a mortgage recording tax

Assembly Floor Calendar · Sponsor J. Gary Pretlow

Full text

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

Sponsor's memo

BILL NUMBER:S2983

Title of bill

An act to amend the tax law, in relation to extending the expiration of the mortgage recording tax imposed by the city of Yonkers

Purpose

This bill extends for two years the mortgage recording tax in the city of Yonkers until the year 2013.

Summary of provisions

This bill amends subdivision 1 of section 253-d of the tax law, as amended by chapters 142 of the laws of 2009 for two years.

Existing law

Under present law the city of Yonkers mortgage recording tax expires August 31, 2011.

Justification

In order for the City of Yonkers to adopt its budget, the Mortgage Recording Tax must be extended since these revenues are included in the City of Yonkers budget.

Legislative history

2009: S.3334 Passed Senate/Signed Chapter 142 of 2010 2007: S.4138 Passed Senate/Signed Chapter 383 of 2007

Fiscal implications

None to the State.

Effective date

This bill shall take effect immediately.

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