Bill > A02728

This bill extends the existing authorization for Livingston County to impose an additional mortgage recording tax until December 1, 2027. Specifically, the bill amends a previous law from 2019 that granted the county the ability to levy this extra tax, changing the expiration date from December 1, 2025 to December 1, 2027. A mortgage recording tax is a fee charged when a mortgage is recorded with county officials, typically calculated as a percentage of the mortgage amount. This type of local tax allows counties to generate additional revenue. By extending the authorization, Livingston County will continue to have the legal ability to collect this supplemental tax for an additional two years beyond the previous expiration date. The bill takes effect immediately upon passage, which is standard for local tax authorization measures.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A2728