Bill
Bill > S07638
NY S07638
NY S07638Exempts from the mortgage recording tax mortgages executed by a veteran first time homebuyer.
summary
Introduced
08/18/2023
08/18/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
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 any mortgages executed by a veteran who is a first-time homebuyer. The veteran's services law defines a "veteran" for the purposes of this exemption. The bill takes effect immediately upon becoming law.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS (on 01/03/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/S7638 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S07638&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S07638 |
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