Senate Bill S7867

2019-2020 Legislative Session

Extends the town of Warwick preservation funds and the tax on real estate transfers in the town of Warwick until 2050

download bill text pdf

Sponsored By

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

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2019-S7867 (ACTIVE) - Details

See Assembly Version of this Bill:
A9848
Current Committee:
Assembly Local Governments
Law Section:
Towns
Laws Affected:
Amd §4, Chap 262 of 2005
Versions Introduced in 2021-2022 Legislative Session:
S2689, A5324

2019-S7867 (ACTIVE) - Summary

Extends the town of Warwick preservation funds and the tax on real estate transfers in the town of Warwick until 2050.

2019-S7867 (ACTIVE) - Sponsor Memo

2019-S7867 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7867
 
                             I N  S E N A T E
 
                             February 27, 2020
                                ___________
 
 Introduced  by  Sen. METZGER -- read twice and ordered printed, and when
   printed to be committed to the Committee on Local Government
 
 AN ACT to amend chapter 262 of the laws of 2005, amending  the  tax  law
   relating  to  authorizing  the town of Warwick to impose a real estate
   transfer tax with revenues therefrom to be deposited in said community
   preservation fund, in relation to the effectiveness thereof

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Section 4 of chapter 262 of the laws of 2005, amending the
 tax law relating to authorizing the town of Warwick  to  impose  a  real
 estate  transfer  tax  with  revenues  therefrom to be deposited in said
 community preservation fund, is amended to read as follows:
   § 4. This act shall take effect immediately; provided,  however,  that
 section  two  of this act shall take effect on the one hundred eightieth
 day after it shall have become a  law  and  shall  expire  December  31,
 [2025] 2050 when upon such date the provisions of such section two shall
 expire and be deemed repealed.
   § 2. This act shall take effect immediately.
 
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15429-01-0

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