Extends the authorization to impose a county recording tax on obligations secured by a mortgage on real property in Albany County
This bill (S 7525) extends Albany County's existing authority to charge a recording tax on mortgage-related documents for real property. It updates the expiration date of this tax authorization from December 2025 to December 2027, meaning the tax will continue to apply to mortgage filings in Albany County through that new date. The bill directly affects homeowners and lenders who file mortgage documents in Albany County, as they will continue to pay this recording fee. The change is purely procedural, maintaining the current tax structure without altering the tax rate or scope.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2025
Committee Review
Jun 2025
Senate Passage
Jun 2025
Assembly Passage
Jun 2025
Signed into Law
Aug 2025
Introduced Apr 21, 2025
Signed Aug 7, 2025
Maddy AI version diff · 1 comparison
What changed between versions
S7525
→
S7525A
·
1 edit
MINOR
The bill was amended to extend its expiration date from December 2026 to December 2027, allowing the Albany County tax provision to remain in effect for an additional year. The bill also received favorable committee reporting and was restored to third reading after being recalled, indicating procedural progress in the legislative process.
Scope change
The bill's scope remains unchanged as it still authorizes Albany County to impose a tax under chapter 405 of the laws of 2005, but the duration of this authorization was extended.
TIMELINE
Extended the expiration date of the act from December 1, 2026 to December 1, 2027, giving the Albany County tax provision one additional year of validity.
Floor votes · Senate May 27, 2025 · Assembly Jun 13, 2025
How they voted
51–8
Passed · 4 other
Total votes 63
May 27, 2025
D
Democratic41
80% Yea
R
Republican22
81% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
21
Key actions
5
Committee
3
Amendments
1
Aug 7, 2025
Signed into law
SIGNED CHAP.312
upper
Jun 13, 2025
Lower · Passed
PASSED ASSEMBLY
lower
Jun 5, 2025
Committee
REFERRED TO WAYS AND MEANS
lower
Jun 5, 2025
Upper · Passed
REPASSED SENATE
upper
May 28, 2025
Upper · Passed
AMENDED ON THIRD READING 7525A
upper
May 27, 2025
Committee
REFERRED TO WAYS AND MEANS
lower
May 27, 2025
Upper · Passed
PASSED SENATE
upper
Apr 21, 2025
Committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Pat Fahy
DDemocratic
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