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S03238 Summary:

BILL NOS03238
 
SAME ASSAME AS A06886
 
SPONSORCOMRIE
 
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.
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