Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 17, 2014 |
held for consideration in ways and means |
Jan 08, 2014 |
referred to ways and means |
Feb 06, 2013 |
referred to ways and means |
Assembly Bill A4533
2013-2014 Legislative Session
Sponsored By
BORELLI
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
multi-Sponsors
Stephen Hawley
2013-A4533 (ACTIVE) - Details
2013-A4533 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4533 2013-2014 Regular Sessions I N A S S E M B L Y February 6, 2013 ___________ Introduced by M. of A. BORELLI -- read once and referred to the Commit- tee on Ways and Means AN ACT to amend the tax law, in relation to terminating the state mort- gage recording tax THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 253 of the tax law, as amended by chapter 350 of the laws of 1969, is amended to read as follows: 1. A tax of fifty cents for each one hundred dollars and each remain- ing major fraction thereof of principal debt or obligation which is, or under any contingency may be secured at the date of the execution there- of or at any time thereafter by a mortgage on real property situated within the state recorded on or after the first day of July, nineteen hundred [and] six AND BEFORE THE FIRST DAY OF SEPTEMBER, TWO THOUSAND THIRTEEN, is hereby imposed on each such mortgage, and shall be collected and paid as provided in this article. If the principal debt or obligation which is or by any contingency may be secured by such mort- gage recorded on or after the first day of July, nineteen hundred [and] seven AND BEFORE THE FIRST DAY OF SEPTEMBER, TWO THOUSAND THIRTEEN, is less than one hundred dollars, a tax of fifty cents is hereby imposed on such mortgage, and shall be collected and paid as provided in this arti- cle. S 2. Paragraph (a) of subdivision 2 of section 253 of the tax law, as amended by section 2 of part A of chapter 63 of the laws of 2005, is amended to read as follows: (a) In addition to the taxes imposed by subdivisions one and one-a of this section, there shall be imposed on each mortgage of real property situated within the state recorded on or after the first day of July, nineteen hundred sixty-nine AND BEFORE THE FIRST DAY OF SEPTEMBER, TWO THOUSAND THIRTEEN, an additional tax of twenty-five cents for counties outside of the metropolitan commuter transportation district, as defined EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07064-01-3
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