Mortgage tax distribution to municipalities
Summary
$2.24 million in mortgage tax goes back to local municipalities. One legislator raised whether mortgage tax exemptions could be tweaked to help close the national housing deficit.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jun 10, 2026.
Impact analysis
Sends $2,242,307.11 to towns, villages and cities.
Local towns, villages and cities receiving their share.
Mentions & discussions (2)
Ways and Means - Jun 10, 2026
$2.24 million in mortgage tax goes back to local municipalities. One legislator raised whether mortgage tax exemptions could be tweaked to help close the national housing deficit.
Government Operations - Jun 4, 2026
The county collects mortgage transfer taxes and passes a share back to the towns, cities and villages where the properties are located. This distribution sends about $2.24 million to local governments for the period ending March 2026.
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