Extends the authorization for Herkimer County to impose a recording tax on mortgages until December 1, 2027.

This bill amends the tax law to extend the authorization for the county of Herkimer to impose a county recording tax on obligations secured by a mortgage on real property. The authorization, initially granted by chapter 549 of the laws of 2005, was previously set to expire on December 1, 2025. The bill updates this expiration date to December 1, 2027, thereby allowing the county to continue collecting this tax for an additional two years. The change takes effect immediately upon enactment.

Extends the authorization for Herkimer County to impose a recording tax on mortgages until December 1, 2027.

This bill amends the tax law to extend the authorization for the county of Herkimer to impose a county recording tax on obligations secured by a mortgage on real property. The authorization, initially granted by chapter 549 of the laws of 2005, was previously set to expire on December 1, 2025. The bill updates this expiration date to December 1, 2027, thereby allowing the county to continue collecting this tax for an additional two years. The change takes effect immediately upon enactment.