2023 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.