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Bill > S06336


NY S06336

NY S06336
Extends the authorization of the county of Genesee to impose a county recording tax on obligation secured by a mortgage on real property until November 1, 2027.


summary

Introduced
03/11/2025
In Committee
05/27/2025
Crossed Over
06/10/2025
Passed
08/07/2025
Dead
Signed/Enacted/Adopted
08/07/2025

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend chapter 579 of the laws of 2004, amending the tax law relating to authorizing the county of Genesee to impose a county recording tax on obligation secured by a mortgage on real property, in relation to the effectiveness thereof

AI Summary

This bill extends the authorization for Genesee County to impose a county recording tax on mortgages on real property until November 1, 2027. Specifically, the legislation amends a previous law from 2004 that originally granted the county the ability to levy this tax, changing the expiration date from November 1, 2025 to November 1, 2027. A county recording tax is a fee charged by a county when certain documents, in this case mortgages, are officially recorded with the county clerk's office. By extending the authorization, the county will continue to have the legal ability to collect this tax for an additional two years beyond the previous expiration date. The bill takes effect immediately upon becoming law, ensuring that the county can continue to collect this tax without interruption.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

SIGNED CHAP.291 (on 08/07/2025)

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