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Who cares
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Sponsors
1 Co-sponsor
History
- Substituted by A9377
- Ordered to third reading cal.1778
- Committee discharged and committed to rules
- 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.
Relates to a Herkimer county recording tax to be imposed on the obligation secured by a mortgage on real property
Signed by Governor · Sponsor Marc Butler
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
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, 2018.
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, 2018.
Section two - provides the effective date.
Existing law
The current authorization expires on December 1, 2016.
Justification
The Herkimer County Legislature has requested the introduction of this legislation by local resolution.
Legislative history
New bill. Formerly S. 6549 of 2014.
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.