Bill Text: NY A07696 | 2015-2016 | General Assembly | Introduced

New York Assembly Bill 7696 (Prior Session Legislation)

Introduced

Bill Title: Relates to a recording tax imposed by the county of Rockland.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2015-06-17 - substituted by s5284 [A07696 Detail]

Download: New_York-2015-A07696-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7696
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                     May 22, 2015
                                      ___________
       Introduced  by  M.  of A. ZEBROWSKI, JAFFEE -- read once and referred to
         the Committee on Ways and Means
       AN ACT to amend the tax law, in relation to recording tax imposed by the
         county of Rockland
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1. Subdivision 6 of section 253-f of the tax law, as added by
    2  chapter 193 of the laws of 2003, is amended to read as follows:
    3    6. Each enactment of a local law may provide for the imposition  of  a
    4  mortgage  tax  for  a period of time no longer than three years from the
    5  date of its [enactment] IMPOSITION.    Nothing  in  this  section  shall
    6  prohibit  the  adoption  and  enactment  of  local laws, pursuant to the
    7  provisions of this section, upon the expiration of any other  local  law
    8  adopted pursuant to this section.
    9    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10871-01-5