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S6873Senate2011-2012 SessionSame asA9798

Extends the authorization for the county of Herkimer to impose a county recording tax on obligation secured by a mortgage on real property until 2014

Sponsor James L. SewardSD-51Affects Finance
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Why it matters

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Who cares

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Sponsors

Primary sponsor
James L. Seward

Senator · Senate District 51

Chair, Insurance

No co-sponsors yet.

History

  1. Signed chap.234
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Home rule request
  6. Ordered to third reading rules cal.214
  7. Substituted for A9798
  8. Referred to ways and means
  9. Delivered to assembly
  10. Passed senateVote 56–2
  11. Advanced to third reading
  12. 2nd report cal.
Show 2 earlier actions
  1. 1st report cal.703
  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.

A9798Assembly

Extends the authorization for the county of Herkimer to impose a county recording tax on obligation secured by a mortgage on real property until 2014

Assembly Floor Calendar · Sponsor Marc Butler

Full text

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

Sponsor's memo

BILL NUMBER:S6873

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

To extend provisions authorizing Herkimer County to impose an additional mortgage recording tax of twenty-five cents for each one hundred dollars of debt until December 1, 2014.

Summary of provisions

Section one - amends section 2 of chapter 549 of the laws of 2005 to authorize Herkimer County to enact a mortgage recording tax of twenty- five cents for each one hundred dollars of debt until December 1, 2014.

Section two - provides the effective date.

Existing law

The current authorization expires on December 1, 2012.

Justification

The Herkimer County Legislature has requested the introduction of this legislation.

Legislative history

New bill.

Fiscal implications

None to the state.

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.