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A09041 Summary:

BILL NOA09041A
 
SAME ASSAME AS S07231-A
 
SPONSOREpstein
 
COSPNSRCruz, Richardson, Simon, Rosenthal L, D'Urso, Mosley, Reyes, Glick, Barron, Simotas, Gottfried, Jaffee, Carroll, Anderson
 
MLTSPNSRCook, Frontus, Lentol
 
Add §291-k, RP L; amd §§250, 253, 253-a, 255, 257 & 258, Tax L; amd §9-601, UCC
 
Relates to requiring the recording of mezzanine debt and preferred equity investments and including mezzanine debt in the mortgage recording tax; defines mezzanine debt.
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