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S6498Senate2013-2014 SessionSame asA8750

Relates to extending the authorization for the county of Greene to impose an additional mortgage recording tax until December 1, 2016

Sponsor Cecilia TkaczykSD-46Affects 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
Cecilia Tkaczyk

Senator · Senate District 46

No co-sponsors yet.

History

  1. Signed chap.222
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Home rule request
  6. Ordered to third reading rules cal.355
  7. Substituted for A8750
  8. Referred to ways and means
  9. Delivered to assembly
  10. Passed senateVote 57–1
  11. Advanced to third reading
  12. 2nd report cal.
Show 2 earlier actions
  1. 1st report cal.682
  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.

A8750Assembly

Relates to extending the authorization for the county of Greene to impose an additional mortgage recording tax until 2016

Assembly Floor Calendar · Sponsor Peter Lopez

Full text

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

Sponsor's memo

BILL NUMBER:S6498

Title of bill

An act to amend chapter 218 of the laws of 2009 amending the tax law relating to authorizing the county of Greene to impose an additional mortgage recording tax, in relation to extending the effectiveness thereof

Purpose

To extend the municipal home to allow the extension of mortgage recording costs

Summary of provisions

Section 1 amends Section 2 of chapter 218 of the laws of 2009 to authorize Greene County to impose an additional mortgage recording tax

Section 2 includes effective date

Justification

Current state legislation allowing Greene County to impose a 0.5% additional mortgage recording tax will expire effective December 1, 2014. If this were to happen, Greene County would be faced with a devastating tax revenue loss which would no doubt result in a drastic decrease in services, coupled with the elimination of more jobs.

In this economy, the County can benefit from any and all revenue available - this increase would certainly aid their financial benefit.

Legislative history

2014: New bill.

Fiscal implications

None anticipated.

Effective date

This act shall take effect on the sixtieth day after it shall have become a law and shall expire and be deemed repealed December 1, 2016.

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