Extends Brookhaven's real estate transfer tax authority until 2045 for community preservation fund.
The bill extends the authority for the town of Brookhaven to impose a real estate transfer tax, with the revenues deposited into a community preservation fund. This extension lasts until December 31, 2045. The tax was initially authorized in 2003 and has been in effect since July 1, 2003. The fund is intended to support community preservation efforts.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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