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Assembly Bill A9652

2025-2026 Legislative Session

Extends the authority for the town of Brookhaven to impose a real estate transfer tax with revenues therefrom to be deposited into a community preservation fund

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Current Bill Status - In Assembly Committee

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2025-A9652 (ACTIVE) - Details

See Senate Version of this Bill:
S8555
Current Committee:
Assembly Local Governments
Law Section:
Suffolk County
Laws Affected:
Amd §5, Chap 282 of 2003

2025-A9652 (ACTIVE) - Summary

Extends the authority for the town of Brookhaven to impose a real estate transfer tax with revenues therefrom to be deposited into a community preservation fund until 2045.

2025-A9652 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9652
 
                           I N  A S S E M B L Y
 
                             January 21, 2026
                                ___________
 
 Introduced by M. of A. GIGLIO -- read once and referred to the Committee
   on Local Governments
 
 AN  ACT  to amend chapter 282 of the laws of 2003, amending the town law
   relating to authorizing the town  of  Brookhaven,  in  the  county  of
   Suffolk,  to  establish a community preservation fund and amending the
   tax law relating to authorizing such town  to  impose  a  real  estate
   transfer tax with revenues therefrom to be deposited in such 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:
 
   Section 1. Section 5 of chapter 282 of the laws of 2003, amending  the
 town  law  relating to authorizing the town of Brookhaven, in the county
 of Suffolk, to establish a community preservation fund and amending  the
 tax law relating to authorizing such town to impose a real estate trans-
 fer  tax with revenues therefrom to be deposited in such community pres-
 ervation fund, is amended to read as follows:
   § 5. This act shall take effect  immediately;  provided  that  article
 31-B of the tax law, as added by section three of this act, shall remain
 in  full  force and effect until December 31, [2025] 2045 when upon such
 date the provisions of such section three of this act shall  expire  and
 be deemed repealed, provided however, that the tax authorized by section
 three of this act shall not take effect before July 1, 2003.
   §  2.  This act shall take effect immediately; provided, however, that
 if this act shall have become a law on or after December 31,  2025  this
 act  shall  take  effect immediately and shall be deemed to have been in
 full force and effect on and after December 31, 2025.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13914-01-5

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