A08114 Summary:
| BILL NO | A08114 |
| SAME AS | SAME AS S07525 |
| SPONSOR | Steck |
| COSPNSR | |
| MLTSPNSR | |
| Amd §2, Chap 405 of 2005 | |
| Extends the authorization to impose a county recording tax on obligations secured by a mortgage on real property in Albany County. | |
A08114 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 8114 2025-2026 Regular Sessions IN ASSEMBLY April 30, 2025 ___________ Introduced by M. of A. STECK -- read once and referred to the Committee on Ways and Means 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 338 of the laws of 2023, 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 This act shall take effect on the thirtieth day after it shall 7 have become a law and shall expire and be deemed repealed on the first 8 of December, [2025] 2026. 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11704-01-5