Bill Text: NY S05607 | 2025-2026 | General Assembly | Introduced


Bill Title: 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.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2025-05-27 - SUBSTITUTED BY A6531 [S05607 Detail]

Download: New_York-2025-S05607-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          5607

                               2025-2026 Regular Sessions

                    IN SENATE

                                    February 25, 2025
                                       ___________

        Introduced  by  Sen. WALCZYK -- read twice and ordered printed, and when
          printed to be committed to the Committee on Investigations and Govern-
          ment Operations

        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

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Section 2 of chapter 549 of the laws of 2005 amending the
     2  tax law relating to authorizing the county of Herkimer to impose a coun-
     3  ty recording tax on obligation secured by a mortgage on  real  property,
     4  as  amended  by  chapter  332 of the laws of 2023, is amended to read as
     5  follows:
     6    § 2. This act shall take effect immediately and shall  expire  and  be
     7  deemed repealed on December 1, [2025] 2027.
     8    § 2. This act shall take effect immediately.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10111-01-5
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