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Senate Bill S7889

2017-2018 Legislative Session

Extends the effectiveness of chapter 405 of the laws of 2005 for two years relating to authorization for the county of Albany to impose a mortgage recording tax

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Archive: Last Bill Status - Stricken

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2017-S7889 (ACTIVE) - Details

Law Section:
Albany County
Laws Affected:
Amd §2, Chap 405 of 2005

2017-S7889 (ACTIVE) - Summary

Extends the effectiveness of chapter 405 of the laws of 2005 for two years authorizing the county of Albany to impose a county mortgage recording tax.

2017-S7889 (ACTIVE) - Sponsor Memo

2017-S7889 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7889
 
                             I N  S E N A T E
 
                               March 6, 2018
                                ___________
 
 Introduced  by  Sen. BRESLIN -- 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 405 of the laws of 2005  amending  the  tax  law
   relating  to  authorizing  the  county  of  Albany  to impose a county
   recording tax on obligations secured by a mortgage on  real  property,
   in relation to extending the effectiveness 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 405 of the laws of 2005  amending  the
 tax  law relating to authorizing the county of Albany to impose a county
 recording tax on obligations secured by a mortgage on real property,  as
 amended  by  chapter  132  of  the  laws  of 2016, is amended to read as
 follows:
   § 2. This act shall take effect on the thirtieth day  after  it  shall
 have  become  a law and shall expire and be deemed repealed on the first
 of December, [2018] 2020.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15002-01-8

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