Authorizes the village of Saltaire, county of Suffolk, to impose a tax on real estate transfers and provides for the repeal of such provisions upon expiration thereof

Authorizes the board of trustees of the village of Saltaire in the county of Suffolk to adopt a local law imposing a 2% tax on real estate transfers for ten years to lessen the real property tax burden and fund infrastructure improvements; provides for the repeal of such provisions upon expiration thereof.