State Codes and Statutes

Statutes > New-york > Tax > Article-31a2-3 > 1439-b-3

* § 1439-b. Imposition of tax. Notwithstanding any other provisions of  law  to  the  contrary,  the  town  of Fishkill, acting through its town  board, is hereby authorized and empowered to adopt a local law  imposing  in  such  town  a  tax  on  each conveyance of real property or interest  therein not to exceed a maximum of two percent of the consideration  for  such conveyance, subject to the exemptions set forth in section fourteen  hundred  thirty-nine-e of this article; any such local law shall fix the  rate of such tax.  Provided,  however,  any  such  local  law  imposing,  repealing  or  reimposing  such  tax  shall  be  subject  to a mandatory  referendum pursuant to section twenty-three of the municipal  home  rule  law. Notwithstanding the foregoing, prior to adoption of such local law,  the  town  must  establish  a  community  preservation  fund pursuant to  section sixty-four-i of the town law. Revenues from such  tax  shall  be  deposited  in  such fund and may be used solely for the purposes of such  fund. Such local law shall apply to any conveyance occurring on or after  the first day of a month to be designated by such town board,  which  is  not  less  than  sixty  days  after the enactment of such local law, 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.    * NB Repealed December 31, 2027    * NB There are 3 § 1439-b's

State Codes and Statutes

Statutes > New-york > Tax > Article-31a2-3 > 1439-b-3

* § 1439-b. Imposition of tax. Notwithstanding any other provisions of  law  to  the  contrary,  the  town  of Fishkill, acting through its town  board, is hereby authorized and empowered to adopt a local law  imposing  in  such  town  a  tax  on  each conveyance of real property or interest  therein not to exceed a maximum of two percent of the consideration  for  such conveyance, subject to the exemptions set forth in section fourteen  hundred  thirty-nine-e of this article; any such local law shall fix the  rate of such tax.  Provided,  however,  any  such  local  law  imposing,  repealing  or  reimposing  such  tax  shall  be  subject  to a mandatory  referendum pursuant to section twenty-three of the municipal  home  rule  law. Notwithstanding the foregoing, prior to adoption of such local law,  the  town  must  establish  a  community  preservation  fund pursuant to  section sixty-four-i of the town law. Revenues from such  tax  shall  be  deposited  in  such fund and may be used solely for the purposes of such  fund. Such local law shall apply to any conveyance occurring on or after  the first day of a month to be designated by such town board,  which  is  not  less  than  sixty  days  after the enactment of such local law, 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.    * NB Repealed December 31, 2027    * NB There are 3 § 1439-b's

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Tax > Article-31a2-3 > 1439-b-3

* § 1439-b. Imposition of tax. Notwithstanding any other provisions of  law  to  the  contrary,  the  town  of Fishkill, acting through its town  board, is hereby authorized and empowered to adopt a local law  imposing  in  such  town  a  tax  on  each conveyance of real property or interest  therein not to exceed a maximum of two percent of the consideration  for  such conveyance, subject to the exemptions set forth in section fourteen  hundred  thirty-nine-e of this article; any such local law shall fix the  rate of such tax.  Provided,  however,  any  such  local  law  imposing,  repealing  or  reimposing  such  tax  shall  be  subject  to a mandatory  referendum pursuant to section twenty-three of the municipal  home  rule  law. Notwithstanding the foregoing, prior to adoption of such local law,  the  town  must  establish  a  community  preservation  fund pursuant to  section sixty-four-i of the town law. Revenues from such  tax  shall  be  deposited  in  such fund and may be used solely for the purposes of such  fund. Such local law shall apply to any conveyance occurring on or after  the first day of a month to be designated by such town board,  which  is  not  less  than  sixty  days  after the enactment of such local law, 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.    * NB Repealed December 31, 2027    * NB There are 3 § 1439-b's