Extends provisions of the Wyoming county mortgage recording tax from December 1, 2012 until December 1, 2014.

---

S6788-2011 Actions

• Jul 18, 2012: SIGNED CHAP.230
• Jul 6, 2012: DELIVERED TO GOVERNOR
• Jun 19, 2012: returned to senate
• Jun 19, 2012: passed assembly
• Jun 19, 2012: home rule request
• Jun 18, 2012: ordered to third reading rules cal.310
• Jun 18, 2012: substituted for a9697a
• May 23, 2012: referred to ways and means
• May 23, 2012: DELIVERED TO ASSEMBLY
• May 23, 2012: PASSED SENATE
• May 14, 2012: AMENDED ON THIRD READING 6788A
• May 8, 2012: ADVANCED TO THIRD READING
• May 7, 2012: 2ND REPORT CAL.
• May 2, 2012: 1ST REPORT CAL.702
• Mar 22, 2012: REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

S6788-2011 Meetings

Investigations and Government Operations: May 2, 2012

S6788-2011 Calendars

Floor Calendar: May 7, 2012 , Floor Calendar: May 8, 2012 , Floor Calendar: May 9, 2012 , Floor Calendar: May 14, 2012

S6788-2011 Votes

S6788-2011 Memo

BILL NUMBER:S6788

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:
Continues Wyoming County's Mortgage Recording Tax of $.25 per $100 of
principal debt or obligation.

SUMMARY OF PROVISIONS:
Continues a recording tax on mortgages in Wyoming County.

JUSTIFICATION:
On March 13, 2012 the Wyoming County Board of Supervisors unanimously
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.

LEGISLATIVE HISTORY:
S.80 (Volker)/A.312 (Burling) - Chapter 185 of 2005.

LOCAL FISCAL IMPLICATIONS:
One-quarter of one percent (0.25%) county line recording tax on
mortgages on real property in Wyoming County.

EFFECTIVE DATE:
Immediately.

S6788-2011 Text

                      S T A T E   O F   N E W   Y O R K
  ________________________________________________________________________

                                    6788

                              I N  SENATE

                               March 22, 2012
                                 ___________

  Introduced  by Sen. GALLIVAN -- read twice and ordered printed, and when
    printed to be committed to the Committee on Investigations and Govern-
    ment Operations

  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

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


    Section 1. Section 2 of 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, as
  amended by chapter 506 of the laws  of  2010,  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 December 1,  [2012]  2017  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.
                                                             LBD15101-01-2