Warren County will no longer fund community colleges with excess mortgage recording tax revenue; the additional tax is extended to December 1, 2027.

New York State Senate Bill S00021 amends the tax law to stop Warren County from funding community colleges with excess mortgage recording tax revenue. Instead, this revenue will be allocated to the Capital District Transportation Authority (CDTA). The bill also extends the authorization for Warren County to impose an additional mortgage recording tax until December 1, 2027. This change affects Warren County's budget allocations and the funding for community colleges and the CDTA.

Warren County will no longer fund community colleges with excess mortgage recording tax revenue; the additional tax is extended to December 1, 2027.

New York State Senate Bill S00021 amends the tax law to stop Warren County from funding community colleges with excess mortgage recording tax revenue. Instead, this revenue will be allocated to the Capital District Transportation Authority (CDTA). The bill also extends the authorization for Warren County to impose an additional mortgage recording tax until December 1, 2027. This change affects Warren County's budget allocations and the funding for community colleges and the CDTA.