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Bill > A06531


NY A06531

NY A06531
Extends authorization of the county of Herkimer to impose a county recording tax on obligation secured by a mortgage on real property to 12/01/2027.


summary

Introduced
03/05/2025
In Committee
04/30/2025
Crossed Over
05/27/2025
Passed
08/07/2025
Dead
Signed/Enacted/Adopted
08/07/2025

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend chapter 549 of the laws of 2005 amending the tax law relating to authorizing the county of Herkimer 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 Herkimer County to impose a county recording tax on mortgages from December 1, 2025, to December 1, 2027. A county recording tax is a fee charged by a county when certain legal documents, in this case mortgage documents, are officially recorded with the county clerk's office. The bill simply amends a previous law (Chapter 549 of the Laws of 2005) by changing the expiration date of the tax authorization, allowing Herkimer County to continue collecting this specific mortgage-related tax for an additional two years. The bill takes effect immediately upon passage, which means the new expiration date of December 1, 2027, will be in place as soon as the bill is signed into law.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

signed chap.221 (on 08/07/2025)

bill text


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