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A06886 Summary:
| BILL NO | A06886 |
| SAME AS | SAME AS S03238 |
| SPONSOR | Kim |
| COSPNSR | |
| MLTSPNSR | |
| Add §253-y, Tax L | |
| Enacts the "homeowner mortgage refinance relief act"; exempts from a local mortgage tax or recording tax mortgagors who are refinancing real property; provides that the commissioner shall promulgate rules and regulations to establish grounds for qualifications, proof and procedure necessary for a mortgagor to obtain such an exemption. | |