Bill
Bill > A05007
NY A05007
NY A05007Extends the authorization of the county of Greene to impose an additional mortgage recording tax.
summary
Introduced
02/10/2025
02/10/2025
In Committee
06/17/2025
06/17/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend chapter 218 of the laws of 2009 amending the tax law relating to authorizing the county of Greene to impose an additional mortgage recording tax, in relation to extending the effectiveness thereof
AI Summary
This bill extends the authorization for Greene County to impose an additional mortgage recording tax by 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, which generates revenue for local government. Specifically, the bill amends a previous law (chapter 218 of the laws of 2009) that originally granted Greene County the ability to levy this extra tax. By pushing the expiration date forward by two years, the county will continue to have the legal authority to collect this additional tax beyond the previously set deadline. The bill will take effect immediately upon becoming law, allowing for a seamless continuation of the county's existing tax authority.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Companion passed 2025-08-07 (on 08/07/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A5007 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A05007&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05007 |
Loading...