New York 2025-2026 Regular Session

New York Senate Bill S03497 Latest Draft

Bill / Introduced Version Filed 01/28/2025

   
  STATE OF NEW YORK ________________________________________________________________________ 3497 2025-2026 Regular Sessions  IN SENATE January 28, 2025 ___________ Introduced by Sen. O'MARA -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend chapter 366 of the laws of 2005, amending the tax law relating to authorizing the county of Yates to impose a county record- ing tax on obligations secured by a mortgage on real property, in relation to extending the provisions of such chapter The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 2 of chapter 366 of the laws of 2005, amending the 2 tax law relating to authorizing the county of Yates to impose a county 3 recording tax on obligations secured by a mortgage on real property, as 4 amended by chapter 286 of the laws of 2023, is amended to read as 5 follows: 6 § 2. This act shall take effect on the thirtieth day after it shall 7 have become a law and shall expire and be deemed repealed on December 1, 8 [2025] 2027. 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07278-01-5