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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 30, 2026

Summary

If enacted, this bill would extend the authority of the town of Red Hook to impose real estate transfer taxes and deposit revenue into a community preservation fund. This is a procedural extension of an existing local tax authority and does not affect mortgage lending, servicing, or compliance requirements.

Source: https://www.nysenate.gov/legislation/bills/2025/A10052

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 revenue into a community…
When was it published?
It was published on January 30, 2026.

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