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S05783 Summary:

BILL NOS05783
 
SAME ASSAME AS A03075
 
SPONSORCOMRIE
 
COSPNSR
 
MLTSPNSR
 
Add §253-z, 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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