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NY S02689

Bill

Official Source

Status

Passed

8/2/2021

Primary Sponsor

Mike Martucci

Click for details

Origin

Senate

2021-2022 General Assembly

AI Summary

  • Amends chapter 262 of the laws of 2005 to extend the expiration date of the town of Warwick's real estate transfer tax from December 31, 2025 to December 31, 2050
  • Real estate transfer tax revenues continue to be deposited into the town's community preservation fund
  • Section 2 of the original law takes effect 180 days after this act becomes law and remains in effect until the new December 31, 2050 expiration date
  • Act takes effect immediately upon enactment

Legislative Description

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

Last Action

SIGNED CHAP.341

8/2/2021

Committee Referrals

Local Governments5/25/2021
Rules5/24/2021
Local Government1/22/2021

Full Bill Text

No bill text available