Source: https://www.nysenate.gov/legislation/bills/2009/s7652/amendment/a
Timestamp: 2020-08-11 07:28:15
Document Index: 618273844

Matched Legal Cases: ['§ 253', '§ 253', '§ 255', '§ 253', '§ 255', '§ 253', '§ 253', '§ 255']

NY State Senate Bill S7652A
senate Bill S7652A
Relates to authorizing the county of Tompkins to impose a county recording tax on obligation secured by a mortgage on real property
Get Status Alerts for S7652A
Jun 11, 2010 print number 7652a
Jun 11, 2010 amend (t) and recommit to investigations and government operations
Apr 29, 2010 referred to investigations and government operations
S7652 - Details
2011-2012: S3174, A4697
2013-2014: A7465
S7652 - Summary
Relates to authorizing the county of Tompkins to impose a county recording tax on obligation secured by a mortgage on real property.
S7652 - Sponsor Memo
BILL NUMBER:  S7652
An act to amend the tax law, in relation to authorizing the county of
Tompkins to impose a county recording tax on obligation secured by a
mortgage on real property
To authorize the Tompkins County Legislature to adopt and amend local
laws imposing a twenty-five cent per each one hundred dollars mortgage
recording tax on obligations secured by a mortgage on real property.
The bill adds § 253-y to tax law to authorize the Tompkins County
legislature to amend local laws to impose a a twenty-five cent per
each one hundred dollars mortgage recording tax on obligations secured
by a mortgage on real property. The taxes are to be administered and
collected in the same manner as the taxes imposed under subdivision
one of § 253 and paragraph (b) of section § 255 of this article. Each
enactment of a local law may provide for the imposition of a mortgage
tax for a period of time no longer than three years from the date of
§ 253, § 255 of Tax Law
The Tompkins County Legislature passed a resolution requesting that
the New York State Legislature enact legislation permitting Tompkins
County to increase the mortgage recording tax on obligations secured
by a mortgage on real property.
Thirtieth day after becoming law.
S7652 - Bill Text download pdf
Tompkins  to  impose a county recording tax on obligation secured by a
S 253-Y. RECORDING TAX IMPOSED BY THE COUNTY OF TOMPKINS. 1.  TOMPKINS
AND EMPOWERED TO ADOPT AND AMEND LOCAL LAWS IMPOSING IN  SUCH  COUNTY  A
ANY  CONTINGENCY  MAY BE SECURED AT THE DATE OF EXECUTION THEREOF, OR AT
COUNTY AND RECORDED ON OR AFTER THE  DATE  UPON  WHICH  SUCH  TAX  TAKES
DEBT OR OBLIGATION WHICH IS OR BY ANY CONTINGENCY MAY BE SECURED BY SUCH
MORTGAGE IS LESS THAN ONE HUNDRED DOLLARS.
2. THE TAXES IMPOSED UNDER THE AUTHORITY  OF  THIS  SECTION  SHALL  BE
SUBDIVISION  ONE OF SECTION TWO HUNDRED FIFTY-THREE AND PARAGRAPH (B) OF
SUBDIVISION ONE OF SECTION  TWO  HUNDRED  FIFTY-FIVE  OF  THIS  ARTICLE.
EXCEPT AS OTHERWISE PROVIDED IN THIS SECTION, ALL THE PROVISIONS OF THIS
ARTICLE  RELATING  TO OR APPLICABLE TO THE ADMINISTRATION AND COLLECTION
OF THE TAXES IMPOSED BY SUCH  SUBDIVISIONS  SHALL  APPLY  TO  THE  TAXES
IMPOSED  UNDER  THE AUTHORITY OF THIS SECTION WITH SUCH MODIFICATIONS AS
MAY BE NECESSARY TO ADAPT SUCH LANGUAGE TO THE TAX SO  AUTHORIZED.  SUCH
PROVISIONS  SHALL  APPLY  WITH  THE  SAME  FORCE  AND EFFECT AS IF THOSE
PROVISIONS HAD BEEN SET FORTH IN FULL IN  THIS  SECTION  EXCEPT  TO  THE
EXTENT  THAT  ANY  PROVISION  IS EITHER INCONSISTENT WITH A PROVISION OF
THIS SECTION OR NOT RELEVANT TO THE TAX AUTHORIZED BY THIS SECTION.  FOR
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S. 7652                             2
PURPOSES  OF  THIS  SECTION, ANY REFERENCE IN THIS ARTICLE TO THE TAX OR
TAXES IMPOSED BY THIS ARTICLE SHALL BE DEEMED TO REFER TO A TAX  IMPOSED
PURSUANT  TO  THIS SECTION, AND ANY REFERENCE TO THE PHRASE "WITHIN THIS
STATE"  SHALL  BE  READ  AS "WITHIN TOMPKINS COUNTY", UNLESS A DIFFERENT
MEANING IS CLEARLY REQUIRED.
SUCH TAX DUE AND PAYABLE TO SUCH COUNTY SHALL BE DETERMINED IN A  MANNER
SIMILAR TO THAT PRESCRIBED IN THE FIRST PARAGRAPH OF SECTION TWO HUNDRED
SIXTY  OF  THIS  ARTICLE WHICH CONCERNS REAL PROPERTY SITUATED IN TWO OR
MORE COUNTIES. WHERE SUCH PROPERTY IS SITUATED BOTH WITHIN  SUCH  COUNTY
AND  WITHOUT  THE STATE, THE AMOUNT DUE AND PAYABLE TO SUCH COUNTY SHALL
BE DETERMINED IN THE MANNER PRESCRIBED IN THE SECOND PARAGRAPH  OF  SUCH
SECTION  TWO  HUNDRED  SIXTY WHICH CONCERNS PROPERTY SITUATED WITHIN AND
WITHOUT THE STATE. WHERE REAL PROPERTY IS SITUATED  WITHIN  AND  WITHOUT
THE  COUNTY IMPOSING SUCH TAX, THE RECORDING OFFICER OF THE JURISDICTION
IN WHICH THE MORTGAGE IS FIRST RECORDED SHALL BE REQUIRED TO COLLECT THE
TAXES IMPOSED PURSUANT TO THIS SECTION.
5. NOTWITHSTANDING ANY PROVISION OF THIS ARTICLE TO THE CONTRARY,  THE
BALANCE  OF  ALL  MONEYS  PAID TO THE RECORDING OFFICER OF THE COUNTY OF
SULLIVAN DURING EACH MONTH UPON ACCOUNT OF THE TAX IMPOSED  PURSUANT  TO
HIS  OR  HER OFFICE AS PROVIDED IN SECTION TWO HUNDRED SIXTY-TWO OF THIS
ARTICLE, EXCEPT TAXES PAID UPON MORTGAGES WHICH UNDER THE PROVISIONS  OF
BE APPORTIONED BY THE COMMISSIONER, SHALL BE PAID OVER BY  SUCH  OFFICER
ON  OR BEFORE THE TENTH DAY OF EACH SUCCEEDING MONTH TO THE TREASURER OF
TOMPKINS COUNTY AND, AFTER THE DEDUCTION BY SUCH TREASURER OF THE NECES-
SARY EXPENSES OF HIS OR HER  OFFICE  PROVIDED  IN  SECTION  TWO  HUNDRED
SIXTY-TWO  OF THIS ARTICLE SHALL BE DEPOSITED IN THE GENERAL FUND OF THE
COUNTY OF TOMPKINS FOR EXPENDITURE ON ANY COUNTY PURPOSE.
NOTWITHSTANDING THE PROVISIONS OF THE PRECEDING  SENTENCE,  THE  TAX  SO
IMPOSED  AND  PAID UPON MORTGAGES COVERING REAL PROPERTY SITUATED IN TWO
OR MORE COUNTIES, WHICH UNDER THE PROVISIONS OF THIS SECTION OR  SECTION
TWO  HUNDRED  SIXTY  OF  THIS ARTICLE ARE FIRST TO BE APPORTIONED BY THE
COMMISSIONER, SHALL BE PAID OVER BY THE RECORDING OFFICER RECEIVING  THE
SAME AS PROVIDED BY THE DETERMINATION OF SAID COMMISSIONER.
6.  EACH  ENACTMENT OF A LOCAL LAW MAY PROVIDE FOR THE IMPOSITION OF A
MORTGAGE TAX FOR A PERIOD OF TIME NO LONGER THAN THREE  YEARS  FROM  THE
DATE  OF  ITS  ENACTMENT.  NOTHING  IN  THIS  SECTION SHALL PROHIBIT THE
ADOPTION AND ENACTMENT OF LOCAL LAWS, PURSUANT TO THE PROVISIONS OF THIS
SECTION, UPON THE EXPIRATION OF ANY OTHER LOCAL LAW ADOPTED PURSUANT  TO
7.  ANY  LOCAL  LAW  IMPOSING  A TAX PURSUANT TO THE AUTHORITY OF THIS
THE  FIRST DAY OF A CALENDAR MONTH. SUCH A LOCAL LAW SHALL NOT BE EFFEC-
TIVE UNLESS A CERTIFIED COPY THEREOF IS MAILED BY REGISTERED  OR  CERTI-
LEAST THIRTY DAYS PRIOR TO THE DATE THE LOCAL LAW SHALL TAKE EFFECT.
8. CERTIFIED COPIES OF ANY LOCAL LAW DESCRIBED IN THIS  SECTION  SHALL
ALSO  BE  FILED  WITH  THE  COUNTY  CLERK OF THE COUNTY OF TOMPKINS, THE
S. 7652                             3
SECRETARY OF STATE AND THE STATE COMPTROLLER WITHIN FIVE DAYS AFTER  THE
DATE IT IS DULY ENACTED.
S7652A (ACTIVE) - Details
S7652A (ACTIVE) - Summary
S7652A (ACTIVE) - Sponsor Memo
BILL NUMBER:S7652A
mortgage on real property; and providing for the repeal of such
The bill adds § 253-y to tax law to authorize the Tompkins County legis-
lature to amend local laws to impose a a twenty-five cent per each one
hundred dollars mortgage recording tax on obligations secured by a mort-
gage on real property. The taxes are to be administered and collected in
the same manner as the taxes imposed under subdivision one of § 253 and
paragraph (b) of section § 255 of this article. Each enactment of a
local law imposing a tax or repealing or suspending such a tax shall
take effect only on the first day of a calendar month.
The Tompkins County Legislature passed a resolution requesting that the
New York State Legislature enact legislation permitting Tompkins County
to increase the mortgage recording tax on obligations secured by a mort-
gage on real property.
become a law, and shall expire and be deemed repealed on December 1,
S7652A (ACTIVE) - Bill Text download pdf
7652--A
Tompkins to impose a county recording tax on obligation secured  by  a
mortgage  on  real  property;  and  providing  for  the repeal of such
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S. 7652--A                          2
TAXES  IMPOSED BY THIS ARTICLE SHALL BE DEEMED TO REFER TO A TAX IMPOSED
PURSUANT TO THIS SECTION, AND ANY REFERENCE TO THE PHRASE  "WITHIN  THIS
BALANCE  OF  ALL MONEYS PAID TO THE RECORDING OFFICER OF TOMPKINS COUNTY
DURING EACH MONTH UPON ACCOUNT  OF  THE  TAX  IMPOSED  PURSUANT  TO  THE
AUTHORITY OF THIS SECTION, AFTER DEDUCTING THE NECESSARY EXPENSES OF HIS
OR HER OFFICE AS PROVIDED IN SECTION TWO HUNDRED SIXTY-TWO OF THIS ARTI-
CLE, EXCEPT TAXES PAID UPON MORTGAGES WHICH UNDER THE PROVISIONS OF THIS
SECTION  OR  SECTION  TWO  HUNDRED SIXTY OF THIS ARTICLE ARE FIRST TO BE
APPORTIONED BY THE COMMISSIONER, SHALL BE PAID OVER BY SUCH  OFFICER  ON
OR  BEFORE  THE  TENTH  DAY OF EACH SUCCEEDING MONTH TO THE TREASURER OF
7. CERTIFIED COPIES OF ANY LOCAL LAW DESCRIBED IN THIS  SECTION  SHALL
have become a law, and shall expire and be deemed repealed  on  December