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NY A07847

Bill

Status

Introduced

7/7/2023

Primary Sponsor

Michael Durso

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends Section 253 of the tax law to add a new subdivision 4
  • Exempts mortgages executed by veterans who are first-time homebuyers from the mortgage recording tax
  • Defines "veteran" according to section one of the veterans' services law
  • Takes effect immediately upon passage

Legislative Description

Exempts from the mortgage recording tax mortgages executed by a veteran first time homebuyer.

Last Action

held for consideration in ways and means

6/7/2024

Committee Referrals

Ways and Means7/7/2023

Full Bill Text

No bill text available