NY Tax L § 253-I (2021)
2021 New York Laws TAX - Tax Article 11 - Tax on Mortgages 253-I - Recording Tax Imposed by the County of Columbia.

§  253-i. Recording tax imposed by the county of Columbia. 1. Columbia   county, acting through its local legislative body, is hereby  authorized   and  empowered  to  adopt and amend local laws imposing in such county a   tax of fifty cents for each one hundred dollars and each remaining major   fraction thereof of principal debt or obligation which is or  under  any   contingency  may  be secured at the date of execution thereof, or at any   time thereafter, by a mortgage on real  property  situated  within  such   county  and  recorded  on  or  after  the date upon which such tax takes   effect and a tax of fifty cents on such mortgage if the  principal  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   administered and collected in the same manner as the taxes imposed under   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   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 Columbia  county",  unless  a  different   meaning is clearly required.3.  Where the real property covered by the mortgage subject to the tax   imposed pursuant to the authority of this section is  situated  in  this   state but within and without the county imposing such tax, the amount of   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.4. A tax imposed pursuant to the authority of this section shall be in   addition to the taxes imposed by section two hundred fifty-three of this   article.5.  Notwithstanding any provision of this article to the contrary, the   balance of all moneys paid to the recording officer  of  the  county  of   Columbia  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   article,  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  Columbia   county  treasurer  and,  after  the  deduction  by  the  Columbia county   treasurer of the necessary 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 Columbia 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   this section.7.  Any  local  law  imposing  a tax pursuant to the authority of this   section or repealing or suspending such a tax shall take effect only  on   the  first  day  of  a  calendar  month.  Such  a local law shall not be   effective unless a certified copy thereof is  mailed  by  registered  or   certified  mail  to  the  commissioner  at  the commissioner's office in   Albany at 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  Columbia,  the   secretary  of state and the state comptroller within five days after the   date it is duly enacted.