State Codes and Statutes

Statutes > New-york > Tax > Article-31-e > 1449-bbb

§ 1449-bbb. Imposition of tax. Notwithstanding any other provisions of  law  to  the  contrary,  the  county of Nassau, acting through its local  legislative body, is hereby authorized and empowered to adopt and  amend  local  laws  imposing  in  such  county a tax on each conveyance of real  property or interest therein when the consideration exceeds five hundred  dollars, at the rate of five dollars for each five  hundred  dollars  or  fractional part thereof.  The authority of the county to adopt and amend  local  laws  imposing  the  tax  authorized  by  this  section  and  the  imposition of  all  taxes  pursuant  thereto  shall  expire  on  January  thirty-first,  two  thousand  one.    Such  local  law  may apply to any  conveyance occurring on or after the date designated by such legislative  body, but shall not apply to conveyances made  on  or  after  such  date  pursuant  to  binding written contracts entered into prior to such date,  provided that the date of execution of such  contract  is  confirmed  by  independent evidence such as the recording of the contract, payment of a  deposit or other facts and circumstances as determined by the treasurer.

State Codes and Statutes

Statutes > New-york > Tax > Article-31-e > 1449-bbb

§ 1449-bbb. Imposition of tax. Notwithstanding any other provisions of  law  to  the  contrary,  the  county of Nassau, acting through its local  legislative body, is hereby authorized and empowered to adopt and  amend  local  laws  imposing  in  such  county a tax on each conveyance of real  property or interest therein when the consideration exceeds five hundred  dollars, at the rate of five dollars for each five  hundred  dollars  or  fractional part thereof.  The authority of the county to adopt and amend  local  laws  imposing  the  tax  authorized  by  this  section  and  the  imposition of  all  taxes  pursuant  thereto  shall  expire  on  January  thirty-first,  two  thousand  one.    Such  local  law  may apply to any  conveyance occurring on or after the date designated by such legislative  body, but shall not apply to conveyances made  on  or  after  such  date  pursuant  to  binding written contracts entered into prior to such date,  provided that the date of execution of such  contract  is  confirmed  by  independent evidence such as the recording of the contract, payment of a  deposit or other facts and circumstances as determined by the treasurer.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Tax > Article-31-e > 1449-bbb

§ 1449-bbb. Imposition of tax. Notwithstanding any other provisions of  law  to  the  contrary,  the  county of Nassau, acting through its local  legislative body, is hereby authorized and empowered to adopt and  amend  local  laws  imposing  in  such  county a tax on each conveyance of real  property or interest therein when the consideration exceeds five hundred  dollars, at the rate of five dollars for each five  hundred  dollars  or  fractional part thereof.  The authority of the county to adopt and amend  local  laws  imposing  the  tax  authorized  by  this  section  and  the  imposition of  all  taxes  pursuant  thereto  shall  expire  on  January  thirty-first,  two  thousand  one.    Such  local  law  may apply to any  conveyance occurring on or after the date designated by such legislative  body, but shall not apply to conveyances made  on  or  after  such  date  pursuant  to  binding written contracts entered into prior to such date,  provided that the date of execution of such  contract  is  confirmed  by  independent evidence such as the recording of the contract, payment of a  deposit or other facts and circumstances as determined by the treasurer.