A07847 Summary:

BILL NOA07847
 
SAME ASSAME AS S07638
 
SPONSORDurso
 
COSPNSR
 
MLTSPNSR
 
Amd §253, Tax L
 
Exempts from the mortgage recording tax mortgages executed by a veteran first time homebuyer.
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A07847 Actions:

BILL NOA07847
 
07/07/2023referred to ways and means
01/03/2024referred to ways and means
06/07/2024held for consideration in ways and means
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A07847 Committee Votes:

WAYS AND MEANS Chair:Weinstein DATE:06/07/2024AYE/NAY:23/11 Action: Held for Consideration
WeinsteinAyeRaNay
GlickAyeFitzpatrickNay
PretlowAyeHawleyNay
ColtonAyeBlankenbushNay
CookExcusedNorrisNay
AubryAyeBrabenecNay
BenedettoAyePalmesanoNay
WeprinAyeWalshNay
RamosAyeDeStefanoNay
BraunsteinAyeManktelowNay
McDonaldAyeSmullenNay
RozicAye
DinowitzAye
MagnarelliAye
ZebrowskiAye
BronsonAye
DilanAye
SeawrightAye
HyndmanAye
WalkerAye
Bichotte HermelAye
SimonAye
CruzAye
FahyAye

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A07847 Floor Votes:

There are no votes for this bill in this legislative session.
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A07847 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          7847
 
                               2023-2024 Regular Sessions
 
                   IN ASSEMBLY
 
                                      July 7, 2023
                                       ___________
 
        Introduced  by M. of A. DURSO -- read once and referred to the Committee
          on Ways and Means
 
        AN ACT to amend the tax law, in relation to exempting from the  mortgage
          recording tax mortgages executed by a veteran first time homebuyer
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 253 of the tax law  is  amended  by  adding  a  new
     2  subdivision 4 to read as follows:
     3    4.  Notwithstanding  any  other  provision of law to the contrary, the
     4  mortgage recording tax shall not be imposed upon any  mortgage  executed
     5  by  a  veteran, as defined in section one of the veterans' services law,
     6  who is a first time homebuyer.
     7    § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11797-01-3
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