STATE OF NEW YORK
________________________________________________________________________
7867
IN SENATE
February 27, 2020
___________
Introduced by Sen. METZGER -- read twice and ordered printed, and when
printed to be committed to the Committee on Local Government
AN ACT to amend chapter 262 of the laws of 2005, amending the tax law
relating to authorizing the town of Warwick 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 262 of the laws of 2005, amending the
2 tax law relating to authorizing the town of Warwick 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 one hundred eightieth
7 day after it shall have become a law and shall expire December 31,
8 [2025] 2050 when upon such date the provisions of such section two shall
9 expire and be deemed repealed.
10 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD15429-01-0
