What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
Senator · Senate District 59
No co-sponsors yet.
History
- Signed chap.182
- Delivered to governor
- Returned to senate
- Passed assembly
- Home rule request
- Ordered to third reading cal.700
- Substituted for A9419
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 60–1
- Advanced to third reading
- 2nd report cal.
Show 2 earlier actions
- 1st report cal.823
- Referred to local government
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.
Extends provisions authorizing the county of Wyoming to impose a county recording tax on obligations secured by a mortgage on real property
Assembly Floor Calendar · Sponsor David DiPietro
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend chapter 185 of the laws of 2005, amending the tax law relating to authorizing the county of Wyoming to impose a county recording tax on obligations secured by a mortgage on real property, in relation to the expiration thereof
Purpose
This bill extends the expiration date authorizing the county of Wyoming to impose a county recording tax on obligations secured by a mortgage on real property.
Summary of provisions
Section 1: states that the act that authorizes the county of Wyoming to impose a county recording tax on obligations secured by a mortgage on real property shall expire December 1, 2018.
Section 2: states that this act shall take effect immediately.
Justification
On March 13, 2012, the Wyoming County Board of Supervisors passed a resolution requesting the state legislature to extend their taxing authority for a $.25 (per $100) mortgage recording tax. Article IX of the New York State Constitution requires local governments to receive state authorization to maintain the levy, collection, and administration of certain local taxes. On January 20, 2016, the Wyoming County Board of Supervisors passed a resolution requesting a two-year extension on the mortgage recording tax. This bill provides that extension.
Legislative history
S.6457 of 2014.
Fiscal implications
One-quarter of one percent (0.25%) county line recording tax on mortgages on real property in Wyoming County.
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.