Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2018 |
referred to investigations and government operations returned to senate died in assembly |
Jun 19, 2017 |
referred to ways and means delivered to assembly passed senate |
Jun 05, 2017 |
advanced to third reading |
May 24, 2017 |
2nd report cal. |
May 23, 2017 |
1st report cal.1181 |
Jan 10, 2017 |
referred to investigations and government operations |
Senate Bill S1756
2017-2018 Legislative Session
Sponsored By
(D, WF) 35th Senate District
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(D, WF) 37th Senate District
2017-S1756 (ACTIVE) - Details
2017-S1756 (ACTIVE) - Sponsor Memo
BILL NUMBER: S1756 TITLE OF BILL : An act to amend the tax law, in relation to extending the expiration of the mortgage recording tax imposed by the city of Yonkers PURPOSE OR GENERAL IDEA OF BILL : To extend the expiration of the mortgage recording tax imposed by the City of Yonkers. SUMMARY OF SPECIFIC PROVISIONS : Section 1 of the bill amends Subdivision 1 of Section 253-d of the tax law as amended by Chapter 22 of the Laws of 2015 to extend the expiration of the mortgage recording tax imposed by the City of Yonkers to August 31, 2019. Section 2 is the immediate effective date. JUSTIFICATION : In order for the City of Yonkers to adopt its budget, the Mortgage Recording Tax must be extended since these revenues are included in the City of Yonkers' budget.
2017-S1756 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1756 2017-2018 Regular Sessions I N S E N A T E January 10, 2017 ___________ Introduced by Sen. STEWART-COUSINS -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations AN ACT to amend the tax law, in relation to extending the expiration of the mortgage recording tax imposed by the city of Yonkers THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 253-d of the tax law, as amended by chapter 22 of the laws of 2015, is amended to read as follows: 1. The city of Yonkers, acting through its local legislative body, is hereby authorized and empowered to adopt and amend local laws imposing in any such city during the period beginning September first, nineteen hundred ninety-three and ending August thirty-first, two thousand [seventeen] NINETEEN, a tax of fifty cents for each one hundred dollars and each remaining major fraction thereof of principal debt or obli- gation which is or under any contingency may be secured at the date of execution thereof, or at any time thereafter, by a mortgage on real property situated within such city and recorded on or after the date upon which such tax takes effect and a tax of fifty cents on such mort- gage if the principal debt or obligation which is or by any contingency may be secured by such mortgage is less than one hundred dollars. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02778-01-7
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