Updates the fee collected by county clerks and clerks for the city of New York for deposit into the cultural education account from $15 to $30; increases the amount retained by the county or city from $0.75 to $1.00.
Summary
This bill increases certain recording-related fees collected by county clerks and the New York City register when instruments are recorded. Under current law, an additional $15 fee is collected for deposit into the cultural education account, with 75 cents retained by the clerk’s office; the bill raises that amount to $30 and increases the amount retained to $1. The bill also makes corresponding changes to the fee structure for instruments required by statute to be recorded, including in New York City.
The measure amends the Civil Practice Law and Rules and the Administrative Code of the City of New York. It does not change who must record instruments, but it changes the dollar amounts that are remitted to the state’s cultural education account and the local government records management improvement fund. The bill would therefore increase revenue flowing to education and cultural preservation-related accounts while modestly increasing the amount retained by clerks for administrative handling.
The overall sentiment reflected in the available record is neutral to favorable. The bill was introduced, reported favorably from the Judiciary Committee, and advanced through the Senate process without any recorded votes or committee debate in the provided materials. The lack of opposition in the record suggests the proposal was viewed as a routine fee update rather than a controversial policy change.
No specific points of contention are documented in the transcripts or vote history provided. Based on the text, any concerns would likely center on the higher cost to parties recording instruments, such as property owners, lenders, attorneys, and businesses, but those objections are not reflected in the available legislative history. The bill appears focused on funding support for cultural education and records management rather than altering substantive recording law.
Impact
The bill amends section 8021 of the Civil Practice Law and Rules and section 7-604 of the Administrative Code of the City of New York to raise the additional fee collected on recorded instruments from $15 to $30, while increasing the clerk-retained deduction from 75 cents to $1.00. The practical effect is to increase deposits into the New York State cultural education account and, indirectly, support the local government records management improvement fund. It affects county clerks and the New York City register, as well as individuals and entities that pay recording fees for eligible instruments.
Sentiment
The available legislative record suggests a generally favorable and noncontroversial reception. The bill was reported favorably from committee and moved forward without any recorded votes or public debate in the materials provided. That pattern indicates broad procedural support and little visible opposition at this stage.
Contention
No explicit contention appears in the provided transcripts or voting history. The only likely area of concern is the increased cost to those recording instruments, including homeowners, real estate professionals, lenders, and other filers who would pay the higher fee. However, because no committee discussion or votes are included, there is no documented opposition or named stakeholder resistance in the record.
Same As
Updates the fee collected by county clerks and clerks for the city of New York for deposit into the cultural education account from $15 to $30; increases the amount retained by the county or city from $0.75 to $1.00.
Updates the fee collected by county clerks and clerks for the city of New York for deposit into the cultural education account from $15 to $30; increases the amount retained by the county or city from $0.75 to $1.00.
Requires an off-track betting corporation that accepts wagers on the simulcasts of thoroughbred races from out-of-state or out-of-country to pay to its regional harness track or tracks an amount equal to three percent of handle generated from the acceptance of such wagers from out-of-state or out-of-country thoroughbred tracks after 7:30 P.M.
Requires an off-track betting corporation that accepts wagers on the simulcasts of thoroughbred races from out-of-state or out-of-country to pay to its regional harness track or tracks an amount equal to three percent of handle generated from the acceptance of such wagers from out-of-state or out-of-country thoroughbred tracks after 7:30 P.M.
Extends provisions relating to establishing the New York city musical and theatrical production tax credit and establishing the New York state council on the arts cultural program fund; relates to the New York city musical and theatrical production tax credit.