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S5047Senate2013-2014 SessionSame asA7513

Extends provisions authorizing the county of Cortland to impose an additional mortgage recording tax

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

Bill progress

Signed via A7513

What's happening

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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. Substituted by A7513
  2. Advanced to third reading
  3. 2nd report cal.
  4. 1st report cal.896
  5. 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.

A7513Assembly

Extends provisions authorizing the county of Cortland to impose an additional mortgage recording tax

Signed by Governor · Sponsor Barbara Lifton

Signed into law

Full text

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

Sponsor's memo

BILL NUMBER:S5047

Title of bill

An act to amend chapter 443 of the laws of 2007 amending the tax law relating to authorizing the county of Cortland to impose an additional mortgage recording tax, in relation to extending the effectiveness of such provisions

Purpose

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

Summary of provisions

Amends section 2 of chapter 443 of the laws of 2007, authorizing Cortland County to enact an additional mortgage recording tax of twenty-five cents for each one hundred dollars of debt until December 1, 2015.

Existing law

The current authorization expires on December 1, 2013.

Justification

The Cortland County Legislature has requested the introduction of this legislation by a resolution.

Legislative history

The law was previously extended by chapter 396 of the laws of 2011.

Fiscal implications

None to the state.

Effective date

Immediately.

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