Authorizes the town of Clarkstown to establish community preservation funds and impose a real estate transfer tax.

The bill authorizes the town of Clarkstown to establish community preservation funds and impose a real estate transfer tax. Revenues from the tax will be deposited in the community preservation fund and used for preserving community character, including farmland, open space, parks, and historic places. The town board must establish an advisory board to review proposed acquisitions. The tax applies to real estate transfers unless exempt, such as those involving the state or federal government.

Authorizes the town of Clarkstown to establish community preservation funds and impose a real estate transfer tax.

The bill authorizes the town of Clarkstown to establish community preservation funds and impose a real estate transfer tax. Revenues from the tax will be deposited in the community preservation fund and used for preserving community character, including farmland, open space, parks, and historic places. The town board must establish an advisory board to review proposed acquisitions. The tax applies to real estate transfers unless exempt, such as those involving the state or federal government.