state_legiscan_drain · NY
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.
January 27, 2026
Summary
If enacted, this bill would extend the authority of the town of Red Hook to impose real estate transfer taxes and deposit revenues into a community preservation fund. The bill is a local procedural extension and does not directly affect mortgage lending or servicing requirements.
Source: https://www.nysenate.gov/legislation/bills/2025/S9041
Common questions
- What 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." cover?
- If enacted, this bill would extend the authority of the town of Red Hook to impose real estate transfer taxes and deposit revenues into a community…
- When was it published?
- It was published on January 27, 2026.