Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund

Summary

The bill amends the 2006 law that lets the town of Red Hook impose a real‑estate transfer tax and place the proceeds in a community preservation fund. It makes the authority continue, with the amendment taking effect immediately and some provisions beginning 90 days after enactment and ending on Dec. 31, 2051. This keeps the town’s financing tool in place for future projects.

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