A2462A-2011 Actions

• Jun 20, 2011: substituted by s2983
• Jun 20, 2011: rules report cal.516
• Jun 20, 2011: reported
• Jun 20, 2011: reported referred to rules
• Mar 3, 2011: print number 2462a
• Mar 3, 2011: amend and recommit to ways and means
• Jan 18, 2011: referred to ways and means

A2462A-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 2462--A
 2011-2012 Regular Sessions
 I N  ASSEMBLY
 January 18, 2011
 
 Introduced  by  M. of A. PRETLOW, SPANO -- read once and referred to the
 Committee on Ways and Means --  committee  discharged,  bill  amended,
 ordered reprinted as amended and recommitted to said committee
 AN  ACT to amend the tax law, in relation to extending the expiration of
 the mortgage recording tax imposed by the city of Yonkers
 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section  1.  Subdivision 1 of section 253-d of the tax law, as amended
 by chapter 142 of the laws of 2009, is amended to read as follows:

 1. The city of Yonkers, acting through its local legislative body,  is
 hereby  authorized  and empowered to adopt and amend local laws imposing
 in any such city during the period beginning September  first,  nineteen
 hundred ninety-three and ending August thirty-first, two thousand [elev-
 en] THIRTEEN, a tax of fifty cents for each one hundred dollars and each
 remaining  major  fraction thereof of principal debt or obligation which
 is or under any contingency may be secured  at  the  date  of  execution
 thereof, or at any time thereafter, by a mortgage on real property situ
 ated  within such city and recorded on or after the date upon which such
 tax takes effect and a tax of fifty cents on such mortgage if the  prin
 cipal  debt  or obligation which is or by any contingency may be secured
 by such mortgage is less than one hundred dollars.
 

S 2. This act shall take effect immediately.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03229-03-1

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