Bill S4233-2011

Extends provisions of law relating to the mortgage recording tax in the county of Steuben until December 1, 2014

Extends provisions of law relating to the mortgage recording tax in the county of Steuben until December 1, 2014.

Details

Actions

  • Jun 8, 2011: SIGNED CHAP.74
  • May 27, 2011: DELIVERED TO GOVERNOR
  • May 23, 2011: returned to senate
  • May 23, 2011: passed assembly
  • May 23, 2011: home rule request
  • May 23, 2011: ordered to third reading cal.402
  • May 23, 2011: substituted for a6647
  • 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.490
  • Mar 24, 2011: REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

Meetings

Calendars

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

Memo

BILL NUMBER:S4233

TITLE OF BILL: An act to amend chapter 365 of the laws of 2005, amending the tax law relating to the mortgage recording tax in the county of Steuben, in relation to extending the provisions of such chapter

PURPOSE: To authorize the Steuben County Legislature to adopt and amend local laws imposing a twenty-five cent per each one hundred dollars mortgage recording tax on obligations secured by a mortgage on real property.

SUMMARY OF PROVISIONS: The bill adds §253-y to tax law to authorize the Steuben County Legislature to amend local laws to impose a twenty-five cent per each one hundred dollars mortgage recording tax on obligations secured by a mortgage on real property. The taxes are to be administered and collected in the same manner as the taxes imposed under subdivision one of §253 and paragraph (b) of §255 of this article. Each enactment of a local law imposing a tax or repealing or suspending such a tax shall take effect only on the first day of a calendar month.

EXISTING LAW: §253, §255 of Tax Law

JUSTIFICATION: The Steuben County Legislature passed a resolution requesting that the New York State Legislature enact legislation permitting Steuben County to increase the mortgage recording tax on obligations secured by a mortgage on real property.

LEGISLATIVE HISTORY: None.

FISCAL IMPLICATIONS: None to the State.

EFFECTIVE DATE: This act shall take effect immediately except that section two of this act shall take effect on the thirtieth day after it shall have become law, and shall expire and be deemed repealed on December 1, 2014.


Text

STATE OF NEW YORK ________________________________________________________________________ S. 4233 A. 6647 2011-2012 Regular Sessions S E N A T E - A S S E M B L Y March 24, 2011 ___________
IN SENATE -- Introduced by Sen. O'MARA -- read twice and ordered print- ed, and when printed to be committed to the Committee on Investi- gations and Government Operations IN ASSEMBLY -- Introduced by M. of A. PALMESANO -- read once and referred to the Committee on Ways and Means AN ACT to amend chapter 365 of the laws of 2005, amending the tax law relating to the mortgage recording tax in the county of Steuben, 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 3 of chapter 365 of the laws of 2005, amending the tax law relating to the mortgage recording tax in the county of Steuben, as amended by chapter 447 of the laws of 2008, is amended to read as follows: S 3. This act shall take effect immediately except that section two of this act shall take effect on the thirtieth day after it shall have become a law and shall expire and be deemed repealed on December 1, [2011] 2014. S 2. This act shall take effect immediately.

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Discuss!

blog comments powered by Disqus