Bill
Bill > S06212
NY S06212
Extends the authorization of the county of Greene to impose an additional mortgage recording tax.
summary
Introduced
03/06/2025
03/06/2025
In Committee
05/27/2025
05/27/2025
Crossed Over
05/27/2025
05/27/2025
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 through December 1, 2027, effectively prolonging the county's existing ability to levy this tax by two more years. Mortgage recording taxes are fees charged when a mortgage is recorded with local government, typically calculated as a percentage of the mortgage amount. The original law allowing Greene County to impose this additional tax was initially passed in 2009 and has been periodically extended, with the most recent extension set to expire on December 1, 2025. This bill simply changes the expiration date from 2025 to 2027, giving the county continued legal authority to collect this supplemental tax. The bill will take effect immediately upon becoming law, and the new expiration date provides Greene County with additional time to continue generating revenue through this specific tax mechanism.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (1)
Last Action
referred to ways and means (on 05/27/2025)
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/S6212 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S06212&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S06212 |
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