senate Bill S6873

Signed by Governor

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

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Bill Status


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

  • 02 / Apr / 2012
    • REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
  • 02 / May / 2012
    • 1ST REPORT CAL.703
  • 07 / May / 2012
    • 2ND REPORT CAL.
  • 08 / May / 2012
    • ADVANCED TO THIRD READING
  • 23 / May / 2012
    • PASSED SENATE
  • 23 / May / 2012
    • DELIVERED TO ASSEMBLY
  • 23 / May / 2012
    • REFERRED TO WAYS AND MEANS
  • 14 / Jun / 2012
    • SUBSTITUTED FOR A9798
  • 14 / Jun / 2012
    • ORDERED TO THIRD READING RULES CAL.214
  • 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.234

Summary

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.

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Bill Details

See Assembly Version of this Bill:
A9798
Versions:
S6873
Legislative Cycle:
2011-2012
Law Section:
Herkimer County
Laws Affected:
Amd ยง2, Chap 549 of 2005
Versions Introduced in 2009-2010 Legislative Cycle:
S7717, A10975, S7717

Sponsor 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 twenty-
five 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.

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

                                  6873

                            I N  S E N A T E

                              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.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15249-01-2

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