Bill

Bill > A07847


NY A07847

NY A07847
Exempts from the mortgage recording tax mortgages executed by a veteran first time homebuyer.


summary

Introduced
07/07/2023
In Committee
01/03/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to exempting from the mortgage recording tax mortgages executed by a veteran first time homebuyer

AI Summary

This bill exempts from the mortgage recording tax mortgages executed by a veteran first-time homebuyer. The mortgage recording tax is a fee imposed on the recording of a mortgage, and this bill would waive that fee for veterans who are buying a home for the first time.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

held for consideration in ways and means (on 06/07/2024)

bill text


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