Authorizes the town of Chester to establish community preservation funds; establishes a real estate transfer tax with revenues therefrom to be deposited in said community preservation fund.
This bill allows Yeshivas Nachlas Sofrim Inc. to apply for retroactive property tax exemption on its Ramapo, New York property (66 Highview Road) for 2022-2023 tax years. If approved by the town assessor and Ramapo Town Board, the organization can receive refunds for taxes paid on those years, including cancellation of related penalties or interest. The bill authorizes the town to treat the application as if filed on time, correcting past tax rolls. It directly affects only this specific religious institution and its property tax obligations for the 2022-2023 assessment period.
This bill extends tax exemptions for mutual redevelopment companies in cities with over one million residents. It allows local governments to grant an additional 50-year tax exemption period after the initial maximum period ends, provided the company pays at least 5% of annual rent (minus utilities) for residential units or the taxes paid in 2001 - whichever is lower. The exemption applies specifically to residential portions of redevelopment projects. This change directly affects mutual redevelopment companies operating in large cities like New York City, altering their long-term tax obligations.
This bill limits how much property tax class percentages can change annually in Haverstraw, Rockland County, for 2025-2026. It restricts any single property tax class from increasing its share of total taxes by more than 1% compared to the previous year, but only if Haverstraw passes a local law approving this cap. If calculations would exceed the 1% limit, the town must adjust class percentages so they still total 100%. The law is now effective after being signed by the governor on August 22, 2025.
This bill extends the Village of Woodbury's existing authority to collect a hotel and motel tax for two additional years. It amends the expiration date of the current tax law, which was set to end in 2027, to now expire in 2029. The extension directly affects hotels and motels operating within Woodbury, allowing them to continue paying this local tax without change to the rate or collection process. The bill was passed by both legislative chambers and signed into law on August 7, 2025.
This bill authorizes Jefferson County to add a 1% sales tax on top of its existing 3% sales tax rate. It directly affects residents and businesses in Jefferson County by increasing the total sales tax rate for purchases made within the county. The additional tax will be in effect from December 1, 2025, through November 30, 2027. The bill amends existing tax law to extend this authorization period beyond the previous 2025 expiration date.
Extends the mortgage recording tax for Chenango county; relates to the depositing of mortgage recording tax funds into the general fund of the county of Chenango.
Relates to Warren county no longer providing community colleges funding with excess funds from the collection of mortgage recording taxes as such money is allocated to the CDTA; extends the effectiveness of provisions relating to an additional Warren county mortgage recording tax to December 1, 2027.
This bill extends the existing authority for the village of Weedsport to collect an occupancy tax (such as hotel or short-term rental taxes) through December 31, 2027. It directly affects Weedsport residents and businesses operating in the village by continuing the current tax structure without changes to rates or collection methods. The bill updates the expiration date from 2025 to 2027 in the relevant tax law, ensuring the village can maintain this revenue source until the new deadline.
This bill extends Cortland County's authority to collect an additional tax on mortgage recordings until December 1, 2027. The tax, paid when property mortgages are recorded with the county, directly affects homeowners and lenders conducting mortgage transactions in Cortland County. It amends a 2007 law (last updated in 2023) to change the expiration date from December 1, 2025, to December 1, 2027, ensuring the county can continue collecting this revenue without needing new legislation. The extension does not create a new tax but prolongs an existing provision.
