Bill S6873-2011

Extends the authorization for the county of Herkimer to impose a county recording tax on obligation secured by a mortgage on real property until 2014

Extends the authorization for the county of Herkimer to impose a county recording tax on obligation secured by a mortgage on real property until 2014.

Details

Actions

  • Jul 18, 2012: SIGNED CHAP.234
  • Jul 6, 2012: DELIVERED TO GOVERNOR
  • Jun 19, 2012: returned to senate
  • Jun 19, 2012: passed assembly
  • Jun 19, 2012: home rule request
  • Jun 14, 2012: ordered to third reading rules cal.214
  • Jun 14, 2012: substituted for a9798
  • May 23, 2012: referred to ways and means
  • May 23, 2012: DELIVERED TO ASSEMBLY
  • May 23, 2012: PASSED SENATE
  • May 8, 2012: ADVANCED TO THIRD READING
  • May 7, 2012: 2ND REPORT CAL.
  • May 2, 2012: 1ST REPORT CAL.703
  • Apr 2, 2012: REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

Meetings

Votes

VOTE: COMMITTEE VOTE: - Investigations and Government Operations - May 2, 2012
Ayes (5): Marcellino, Alesi, Nozzolio, Zeldin, Squadron
Ayes W/R (2): Golden, Peralta
Nays (1): Diaz

Memo

BILL NUMBER:S6873

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, 2014.

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 twentyfive cents for each one hundred dollars of debt until December 1, 2014.

Section two - provides the effective date.

EXISTING LAW: The current authorization expires on December 1, 2012.

JUSTIFICATION: The Herkimer County Legislature has requested the introduction of this legislation.

LEGISLATIVE HISTORY: New bill.

FISCAL IMPLICATIONS: None to the state.

EFFECTIVE DATE: This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 6873 IN SENATE April 2, 2012 ___________
Introduced by Sen. SEWARD -- 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 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 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2 of 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 proper- ty, as amended by chapter 542 of the laws of 2010, is amended to read as follows: S 2. This act shall take effect immediately and shall expire and be deemed repealed on December 1, [2012] 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