senate Bill S6501

Signed by Governor

Extends from December 1, 2012 until December 1, 2015, the expiration of the authority of the county of Hamilton to impose a mortgage tax

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Sponsor

Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor
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actions

  • 16 / Feb / 2012
    • REFERRED TO LOCAL GOVERNMENT
  • 23 / May / 2012
    • 1ST REPORT CAL.905
  • 30 / May / 2012
    • 2ND REPORT CAL.
  • 31 / May / 2012
    • ADVANCED TO THIRD READING
  • 06 / Jun / 2012
    • PASSED SENATE
  • 06 / Jun / 2012
    • DELIVERED TO ASSEMBLY
  • 06 / Jun / 2012
    • REFERRED TO WAYS AND MEANS
  • 14 / Jun / 2012
    • SUBSTITUTED FOR A9338
  • 14 / Jun / 2012
    • ORDERED TO THIRD READING RULES CAL.196
  • 19 / Jun / 2012
    • HOME RULE REQUEST
  • 19 / Jun / 2012
    • PASSED ASSEMBLY
  • 19 / Jun / 2012
    • RETURNED TO SENATE
  • 06 / Jul / 2012
    • DELIVERED TO GOVERNOR
  • 18 / Jul / 2012
    • SIGNED CHAP.216

Summary

Extends from December 1, 2012 until December 1, 2015, the expiration of the authority of the county of Hamilton to impose a mortgage tax.

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Bill Details

See Assembly Version of this Bill:
A9338
Versions:
S6501
Legislative Cycle:
2011-2012
Law Section:
Hamilton County
Laws Affected:
Amd ยง2, Chap 326 of 2006

Sponsor Memo

BILL NUMBER:S6501

TITLE OF BILL:
An act to amend chapter 326 of the laws of 2006, amending the tax law
relating to authorizing the county of Hamilton to impose a county
recording tax on obligations secured by mortgages on real property, in
relation to extending the expiration thereof

PURPOSE:
Extends from December 1, 2012 until December 1, 2015, the expiration
of the authority of the county of Hamilton to impose a mortgage tax.

SUMMARY OF PROVISIONS:
Section 1: amends section 2 of chapter 236 of the laws of 2006 to
extend the expiration date of mortgage recording tax imposition by
Hamilton County to December 1, 2015.

Section 2: contains the effective date.

EXISTING LAW:
Section 2 of chapter 326 of the laws of 2006 which granted Hamilton
County the authority to impose an additional mortgage recording tax
expires on December 1, 2012.

JUSTIFICATION:
The Hamilton County Board of Supervisors has requested the
introduction of legislation extending their authority to impose an
additional mortgage recording tax to December 1, 2015.

LEGISLATIVE HISTORY:
New Bill.

FISCAL IMPLICATIONS:
None to the state.

LOCAL FISCAL IMPLICATIONS:
Hamilton County estimates $90,000 in revenue.

EFFECTIVE DATE:
This act shall take effect immediately.

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

    S. 6501                                                  A. 9338

                      S E N A T E - A S S E M B L Y

                            February 16, 2012
                               ___________

IN  SENATE -- Introduced by Sen. LITTLE -- read twice and ordered print-
  ed, and when printed to be committed to the Committee on Local Govern-
  ment

IN ASSEMBLY -- Introduced by M. of A. SAYWARD -- read once and  referred
  to the Committee on Ways and Means

AN  ACT  to  amend chapter 326 of the laws of 2006, amending the tax law
  relating to authorizing the county of  Hamilton  to  impose  a  county
  recording tax on obligations secured by mortgages on real property, in
  relation to extending 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 326 of the laws of 2006, amending  the
tax law relating to authorizing the county of Hamilton to impose a coun-
ty  recording  tax on obligations secured by mortgages on real property,
as amended by chapter 187 of the laws of 2009, is  amended  to  read  as
follows:
  S  2.  This  act shall take effect immediately and shall expire and be
deemed repealed December 1, [2012] 2015.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14651-01-2

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