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Bill

S 6212

Extends the authorization of the county of Greene to impose an additional mortgage recording tax

2025 Regular Session Introduced by Michelle Hinchey

Bill S 6212 allows Greene County to continue imposing an additional mortgage recording tax, ensuring ongoing revenue for local services and impacting property buyers and lenders.

SIGNED CHAP.284
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Bill Summary · S 6212

Summary of Bill S 6212

Bill Information

  • Bill Number: S 6212
  • Title: Extends the authorization of the county of Greene to impose an additional mortgage recording tax
  • Status: Signed into law as Chapter 284
  • Introduced: March 6, 2025

Purpose and Intent

Bill S 6212 aims to extend the authority of Greene County to impose an additional mortgage recording tax. This extension is intended to provide the county with a continued revenue stream that can be utilized for various local government services and infrastructure projects.

Key Provisions

  • Extension of Tax Authority: The bill allows Greene County to continue levying an additional mortgage recording tax beyond its previous expiration date.
  • Tax Rate and Application: While the specific rate of the additional tax is not detailed in the bill summary, it typically applies to the recording of mortgages within the county, impacting both residential and commercial property transactions.

Affected Parties

  • County of Greene: The primary beneficiary of this bill, as it enables the county to maintain and potentially increase its revenue from mortgage recording fees.
  • Property Buyers and Lenders: Individuals and institutions involved in real estate transactions within Greene County will be subject to the additional tax, which may affect the overall cost of purchasing property.

Legislative Process and Timeline

  • March 6, 2025: The bill was introduced and referred to the Committee on Investigations and Government Operations.
  • May 27, 2025: The bill passed the Senate and was delivered to the Assembly.
  • June 17, 2025: The Assembly passed the bill, which was then returned to the Senate.
  • August 4, 2025: The bill was delivered to the Governor for approval.
  • August 7, 2025: The bill was signed into law, becoming Chapter 284.

Related Legislation

  • S 6449: A related bill from a prior session that may have addressed similar issues.
  • A 5007: The companion bill in the Assembly that corresponds with S 6212.

Conclusion

Bill S 6212 is a legislative measure that extends Greene County's ability to impose an additional mortgage recording tax, thereby ensuring a continued source of revenue for local government operations. The bill has successfully passed through the legislative process and has been signed into law, affecting property transactions within the county.

Compiled from official sources — confirm details with the bill’s official record.

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