Bill Text: NY S08069 | 2019-2020 | General Assembly | Introduced

New York Senate Bill 8069 (Prior Session Legislation)

Introduced

Bill Title: Extends the effectiveness for two years authorizing the county of Albany to impose a county mortgage recording tax.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2020-03-16 - REFERRED TO LOCAL GOVERNMENT [S08069 Detail]

Download: New_York-2019-S08069-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          8069

                    IN SENATE

                                     March 16, 2020
                                       ___________

        Introduced  by  Sen. BRESLIN -- read twice and ordered printed, and when
          printed to be committed to the Committee on Local Government

        AN ACT to amend chapter 405 of the laws of 2005  amending  the  tax  law
          relating  to  authorizing  the  county  of  Albany  to impose a county
          recording tax on obligations 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 405 of the laws of 2005  amending  the
     2  tax  law relating to authorizing the county of Albany to impose a county
     3  recording tax on obligations secured by a mortgage on real property,  as
     4  amended  by  chapter  346  of  the  laws  of 2018, is amended to read as
     5  follows:
     6    § 2. This act shall take effect on the thirtieth day  after  it  shall
     7  have  become  a law and shall expire and be deemed repealed on the first
     8  of December, [2020] 2022.
     9    § 2. This act shall take effect immediately.






         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15763-01-0