Extends the authority of Red Hook to impose real estate transfer taxes and deposit revenues into a community preservation fund.
This bill extends the authority of the town of Red Hook to impose real estate transfer taxes and to deposit the revenue from such taxes into a community preservation fund. The authority was initially granted in 2006 and is set to expire on December 31, 2051. The bill ensures that the town can continue to collect these taxes and use the funds for community preservation efforts.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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