Title:
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State Legislation Resolution requesting the New York State Legislature to pass a bill introduced by Committee on Rules, A.11513, "AN ACT to amend the tax law, in relation to authorizing any city having a population of one million or more to provide a partial exemption from the mortgage recording tax and to provide certain credits against the personal income tax of any such city".
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State Legislation Resolution No. 282
Title
State Legislation Resolution requesting the New York State Legislature to pass a bill introduced by Committee on Rules, A.11513, "AN ACT to amend the tax law, in relation to authorizing any city having a population of one million or more to provide a partial exemption from the mortgage recording tax and to provide certain credits against the personal income tax of any such city".
Body
By The Speaker (Council Member Vallone) and Council Members Berman, Rivera and Pinkett; also Council Members Eisland, Michels, Perkins and Nelson
Whereas, a bill has been introduced in the New York State Legislature by Committee on Rules, A.11513, "AN ACT to amend the tax law, in relation to authorizing any city having a population of one million or more to provide a partial exemption from the mortgage recording tax and to provide certain credits against the personal income tax of any such city".
Whereas, The enactment of the above State Legislation requires the concurrence of the Council of the City of New York as the local legislative body; now, therefore, be it
Resolved, That the Council of the City of New York, in accordance with the provisions of Section 2 of Article 9 of the Constitution of the State of New York, does hereby request the New York State Legislature to enact into law the aforesaid pending bill.
Referred to the Committee on State and Federal Legislation.