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S02111 Summary:

BILL NOS02111
 
SAME ASSAME AS A05479
 
SPONSOROBERACKER
 
COSPNSR
 
MLTSPNSR
 
Amd §2, Chap 374 of 2024
 
Extends the authority for the county of Otsego to impose an additional mortgage recording tax.
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S02111 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          2111
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    January 15, 2025
                                       ___________
 
        Introduced by Sen. OBERACKER -- 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 374 of the laws of 2024 amending the tax law
          relating to authorizing  the  county  of Otsego  to   impose an  addi-
          tional mortgage recording tax, in relation to extending the effective-
          ness 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 374 of the laws of 2024  amending  the
     2  tax  law  relating to authorizing  the  county  of Otsego  to  impose an
     3  additional mortgage recording tax, is amended to read as follows:
     4    § 2. This act shall take effect immediately and shall expire  December
     5  31,  [2025] 2027 when upon such date the provisions of this act shall be
     6  deemed repealed.
     7    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05515-01-5
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