Extends the authority for the county of Otsego to impose an additional mortgage recording tax.
This bill amends the tax law to extend the authority for the county of Otsego to impose an additional mortgage recording tax. The extension takes effect immediately and will expire on December 31, 2027. This change allows the county to continue collecting this tax, which affects individuals and entities involved in mortgage transactions within Otsego County.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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