New YorkRed Hook’s real estate transfer tax authority would expire in 2051
If this measure becomes law, Red Hook could collect taxes on real estate transfers for its community preservation fund through December 31, 2051.
What it does
Red Hook’s authority to tax real estate transfers and put the revenue into its community preservation fund would expire on December 31, 2051, if this measure becomes law.
Argument forAllowing the tax through 2051 could help Red Hook plan future spending from its community preservation fund.
Argument againstTax authority lasting through 2051 could leave people transferring real estate facing this tax for many years.
More detail
Red Hook’s authority to tax real estate transfers would have a December 31, 2051, expiration date. The authority covers the town of Red Hook’s real estate transfer tax, with revenue going into its community preservation fund. The measure must become law for this expiration date to take effect. This measure would take effect immediately upon becoming law.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Oct 23SIGNED CHAP.320Became Law
- Oct 16DELIVERED TO GOVERNORTo Governor
- Jun 3RETURNED TO ASSEMBLY
- Vote recorded Assembly Vote. Result: pass.Lower
- Vote recorded Floor Vote. Result: pass.Upper
- Jun 3PASSED SENATEPassed 2nd Chamber
- Jun 33RD READING CAL.1392
- Jun 3SUBSTITUTED FOR S9041
- Jun 3REFERRED TO RULESMinor
- Jun 3DELIVERED TO SENATE
- Jun 3PASSED ASSEMBLYPassed 1st Chamber
- Jun 3ORDERED TO THIRD READING RULES CAL.413
- Jun 3RULES REPORT CAL.413
- Jun 3REPORTED
- Jun 3REPORTED REFERRED TO RULESMinor
- Feb 25REPORTED REFERRED TO WAYS AND MEANSMinor
- Jan 30REFERRED TO LOCAL GOVERNMENTSIntroduced
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