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S9041 • 2025

Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund

Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Michelle Hinchey
Last action
2026-06-03
Official status
Senate Floor Calendar
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund

Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund.

What This Bill Does

  • Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-06-03 Senate

    SUBSTITUTED BY A10052

  2. 2026-05-28 Senate

    COMMITTEE DISCHARGED AND COMMITTED TO RULES

  3. 2026-05-28 Senate

    ORDERED TO THIRD READING CAL.1392

  4. 2026-01-27 Senate

    REFERRED TO LOCAL GOVERNMENT

Official Summary Text

Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund
Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund.

Current Bill Text

Read the full stored bill text
S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          9041

                                    I N  S E N A T E

                                    January 27, 2026
                                       ___________

        Introduced  by  Sen. HINCHEY -- read twice and ordered printed, and when
          printed to be committed to the Committee on Local Government

        AN ACT to amend chapter 443 of the laws of 2006, amending  the  tax  law
          relating  to  authorizing the town of Red Hook to impose a real estate
          transfer tax with revenues therefrom to be deposited in said community
          preservation fund, in relation to the effectiveness thereof

          THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section  1. Section 4 of chapter 443 of the laws of 2006, amending the
     2  tax law relating to authorizing the town of Red Hook to  impose  a  real
     3  estate  transfer  tax  with  revenues  therefrom to be deposited in said
     4  community preservation fund, is amended to read as follows:
     5    § 4. This act shall take effect immediately; provided,  however,  that
     6  section  two of this act shall take effect on the ninetieth day after it
     7  shall have become a law and shall expire December 31, [2026]  2051  when
     8  upon such date the provisions of such section shall be deemed repealed.
     9    § 2. This act shall take effect immediately.






         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14450-01-6