Bill > S07128

This bill extends the authorization for Hamilton County, New York, to impose a county recording tax on mortgages until December 1, 2027. Specifically, the bill amends a previous law from 2006 that originally granted Hamilton County the ability to collect a tax on documents related to mortgages and real property transactions. The current amendment simply changes the expiration date of this tax authorization from December 1, 2025 to December 1, 2027, effectively giving the county two more years to continue collecting this specific type of tax. A recording tax is typically a fee charged by a local government when property-related documents are officially recorded with the county, in this case providing a source of local revenue. The bill takes effect immediately upon passage, which is standard for local tax authorization extensions.

Budget and Finance, Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S7128