S4164-2011 - NY Senate Open Legislation - Extends the period during which the county of Genesee is authorized to impose a county recording tax on certain mortgage obligation

Extends the period during which the county of Genesee is authorized to impose a county recording tax on certain mortgage obligation.

Sponsor: RANZENHOFER
Law Section: Taxation / Law: Amd S2, Chap 579 of 2004

S4164-2011 Actions

Aug 15, 2011: SIGNED CHAP.394
Aug 5, 2011: DELIVERED TO GOVERNOR
Jun 1, 2011: returned to senate
Jun 1, 2011: passed assembly
Jun 1, 2011: home rule request
Jun 1, 2011: ordered to third reading cal.474
Jun 1, 2011: substituted for a6576
May 23, 2011: referred to ways and means
May 23, 2011: DELIVERED TO ASSEMBLY
May 23, 2011: PASSED SENATE
May 9, 2011: ADVANCED TO THIRD READING
May 4, 2011: 2ND REPORT CAL.
May 3, 2011: 1ST REPORT CAL.483
Mar 22, 2011: REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

S4164-2011 Meetings

Investigations and Government Operations: May 3, 2011

S4164-2011 Calendars

Active List: May 23, 2011 , Floor Calendar: May 4, 2011 , Floor Calendar: May 9, 2011 , Floor Calendar: May 10, 2011 , Floor Calendar: May 11, 2011 , Floor Calendar: May 16, 2011 , Floor Calendar: May 17, 2011 , Floor Calendar: May 18, 2011 , Floor Calendar: May 23, 2011

S4164-2011 Votes

VOTE: COMMITTEE VOTE: - Investigations and Government Operations - May 3, 2011

Ayes (4): Alesi, Nozzolio, Squadron, Diaz
Ayes W/R (4): Marcellino, Golden, Zeldin, Peralta

VOTE: FLOOR VOTE: - May 23, 2011

Ayes (59): Adams, Addabbo, Alesi, Avella, Ball, Bonacic, Breslin, Carlucci, DeFrancisco, Diaz, Dilan, Duane, Espaillat, Farley, Flanagan, Fuschillo, Gallivan, Gianaris, Golden, Griffo, Grisanti, Hannon, Huntley, Johnson, Kennedy, Klein, Krueger, Lanza, Larkin, LaValle, Libous, Little, Marcellino, Martins, Maziarz, McDonald, Montgomery, Nozzolio, O'Mara, Oppenheimer, Peralta, Perkins, Ranzenhofer, Ritchie, Rivera, Robach, Saland, Sampson, Savino, Serrano, Seward, Skelos, Smith, Squadron, Stavisky, Stewart-Cousin, Valesky, Young, Zeldin
Nays (1): Parker
Excused (2): Hassell-Thomps, Kruger

S4164-2011 Memo

BILL NUMBER:S4164

TITLE OF BILL:
An act
to amend chapter 579 of the laws of 2004, amending the tax law relating
to authorizing the county of Genesee to impose a county recording tax on
certain mortgage obligation, in relation to extending the provisions of
such chapter

PURPOSE AND JUSTIFICATION:
The bill would extend the authority of
Genesee County, acting through its local legislative body, to adopt a
local law imposing a mortgage recording tax of 25 cents for each $100
of real property secured by a mortgage.

The Genesee County Legislature has passed a resolution requesting
extension of its authority to charge a county mortgage recording tax.
The tax is collected by the County the same time as the State
mortgage recording taxes are. All revenue from the County Tax, after
deducting expenses of mortgage recording offices, goes to the general
fund of Genesee County for use as the County legislature approves.

SUMMARY OF SPECIFIC PROVISIONS:
Extends the authority of Genesee
County to impose an additional county recording tax on certain
mortgage obligations until November 1, 2013.

PRIOR LEGISLATIVE HISTORY:
2010 - S.3175/A.6883 -- Chapter
117

FISCAL IMPLICATIONS:
In 2008, Genesee County received in excess of
$297,000 in revenue from this additional mortgage tax.

EFFECTIVE DATE:
This act shall take effect immediately.

S4164-2011 Text

 S T A T E   O F   N E W   Y O R K
 
                                          4164
 2011-2012 Regular Sessions
 I N  SENATE
 March 22, 2011
 
 Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
 when printed to be committed to the Committee  on  Investigations  and
 Government Operations
 AN  ACT  to  amend chapter 579 of the laws of 2004, amending the tax law
 relating to authorizing the county  of  Genesee  to  impose  a  county
 recording tax on certain mortgage obligation, in relation to extending
 the provisions of such chapter
 

THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section 1.

Section 2 of chapter 579 of the laws of 2004, amending  the
 tax law relating to authorizing the county of Genesee to impose a county
 recording  tax on certain mortgage obligation, as amended by chapter 117
 of the laws of 2009, is amended to read as follows:

 

S 2. This act shall take effect on the thirtieth day  after  it  shall
 have  become  a  law;  and shall expire on November 1, [2011] 2013, when
 upon such date the provisions of this act shall be deemed repealed.
 

S 2. This act shall take effect immediately.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08718-01-1

S4164-2011: Extends the period during which the county of Genesee is authorized to impose a county recording tax on certain mortgage obligation