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Bill > A04135
NY A04135
NY A04135Extends the authorization for the county of Schoharie to impose a county recording tax on obligation secured by a mortgage on real property.
summary
Introduced
01/31/2025
01/31/2025
In Committee
06/12/2025
06/12/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT amend chapter 333 of the laws of 2006 amending the tax law relating to authorizing the county of Schoharie to impose a county recording tax on obligation secured by a mortgage on real property, in relation to extending the effectiveness thereof
AI Summary
This bill extends the current authorization for Schoharie County to impose a county recording tax on mortgages from December 1, 2025, to December 1, 2027. A recording tax is a fee collected by a county when certain legal documents, in this case mortgages, are officially recorded with the county clerk's office. The legislation essentially maintains the county's existing ability to collect this tax for an additional two years. The bill amends a previous law from 2006 that originally granted Schoharie County the power to impose this tax, and which has been previously extended. By changing the expiration date from 2025 to 2027, the county will continue to have the legal authority to collect this tax on mortgage-related documents during that time period. The bill takes effect immediately upon passage, which is typical for local tax authorization extensions.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Companion passed 2025-08-07 (on 08/07/2025)
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/2025/A4135 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A04135&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A04135 |
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