S T A T E O F N E W Y O R K
________________________________________________________________________
10155
I N A S S E M B L Y
March 19, 2020
___________
Introduced by M. of A. FAHY -- read once and referred to the Committee
on Ways and Means
AN ACT to amend chapter 405 of the laws of 2005 amending the tax law
relating to authorizing the county of Albany to impose a county
recording tax on obligations secured by a mortgage on real property,
in relation to extending the effectiveness thereof
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 2 of chapter 405 of the laws of 2005 amending the
tax law relating to authorizing the county of Albany to impose a county
recording tax on obligations secured by a mortgage on real property, as
amended by chapter 346 of the laws of 2018, is amended to read as
follows:
§ 2. This act shall take effect on the thirtieth day after it shall
have become a law and shall expire and be deemed repealed on the first
of December, [2020] 2022.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15763-01-0