2023 New York Laws › TAX - Tax › Article 11 - Tax on Mortgages › 253-D - Recording Tax Imposed by the City of Yonkers.

§ 253-d. Recording tax imposed by the city of Yonkers.  1. The city of
  Yonkers, acting through its local legislative body, is hereby authorized
  and  empowered  to  adopt and amend local laws imposing in any such city
  during  the  period  beginning   September   first,   nineteen   hundred
  ninety-three and ending August thirty-first, two thousand twenty-five, 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
  city 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 chapter.
  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 the city of Yonkers", 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 city of Yonkers, the amount of such tax
  due  and payable to such city shall be determined in a manner similar to
  that prescribed in the first paragraph of section two hundred  sixty  of
  this  chapter  which  concerns  real  property  situated  in two or more
  counties. Where such property is situated  both  within  such  city  and
  without  the  state,  the  amount  due and payable to such city 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
  such  city,  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.
5.  Notwithstanding any provision of this article to the contrary, the
  balance of all moneys paid to the recording officer  of  the  county  of
  Westchester  during  each month upon account of the tax imposed pursuant
  to the authority of this section, after deducting the necessary expenses
  of his office as provided in  section  two  hundred  sixty-two  of  this
  chapter,  except taxes paid upon mortgages which under the provisions of
  this section or section two hundred sixty of this chapter 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  county
  treasurer  of Westchester county and, after the deduction by such county
  treasurer of the necessary expenses of his or  her  office  provided  in

  section  two hundred sixty-two of this chapter shall be deposited in the
  general fund of the city of Yonkers for expenditure on city purposes.
6.  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.
7.  Certified  copies of any local law described in this section shall
  also be filed with the county clerk, the  secretary  of  state  and  the
  state comptroller within five days after the date it is duly enacted.