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NY S09041

Bill

Status

Introduced

1/27/2026

Primary Sponsor

Michelle Hinchey

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Extends the Town of Red Hook's authority to impose real estate transfer taxes from December 31, 2026 to December 31, 2051
  • Revenue from the transfer tax continues to be deposited into the town's community preservation fund
  • Amends Chapter 443 of the Laws of 2006, which originally granted this taxing authority
  • Introduced by Senator Hinchey and referred to the Senate Committee on Local Government
  • Takes effect immediately upon passage

Legislative Description

Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund.

Last Action

REFERRED TO LOCAL GOVERNMENT

1/27/2026

Committee Referrals

Local Government1/27/2026

Full Bill Text

No bill text available