BILL NUMBER: S7080
SPONSOR: HINCHEY
TITLE OF BILL:
An act to amend chapter 556 of the laws of 2007 amending the tax law
relating to imposing an additional real estate transfer tax within the
county of Columbia, in relation to the effectiveness thereof
PURPOSE:
This bill will extend the expiration of the authorization for Columbia
County to impose an additional real estate transfer tax to December 31,
2027.
SUMMARY OF PROVISIONS:
Section one amends chapter 556 of the laws of 2007 to extend the author-
ization for Columbia County to impose an additional real estate transfer
tax until December 31st, 2027.
Section two states the effective date.
EXISTING LAW:
The original authorization to impose an additional real estate transfer
tax in chapter 556 of 2007 is set to expire on December 31st, 2025.
JUSTIFICATION:
The Columbia County Legislature passed Resolution 95-2025 on March 12,
2025, requesting that the New York State Legislature introduce and pass
a bill to authorize the County to continue to, impose an additional real
estate transfer tax for the period through December 31st, 2027.
LEGISLATIVE HISTORY:
New Bill.
FISCAL IMPLICATIONS:
None to State.
EFFECTIVE DATE:
This act shall take effect immediately.