Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
N.Y. CUs exempt from special mortgage recording tax
ALBANY, N.Y. (1/8/10)--A bill that exempts New York state-chartered credit unions from the state’s special additional mortgage recording tax went into effect Jan. 1. “The bill levels the playing field [for state credit unions] with their federal counterparts,” Bonnie Sklar, Credit Union Association of New York public relations coordinator, told News Now. Federal credit unions in New York are exempt from the tax. The bill, Special Additional Mortgage Recording Tax (SAMRT) bill, was signed into law by New York Gov. David Paterson in September 2008.
Other Resources

RSS print
News Now LiveWire
.@IllinoisLeague Hession: #HB5342 cause for celebration...will serve as a model across the country for state, fed regulators @GovernorQuinn
8 minutes ago
.@GovernorQuinn signs #HB5342 providing parity for state-chartered #creditunion examinations via @IllinoisLeague http://t.co/yrhoCkE4ER
47 minutes ago
.@Walmart's US CEO Bill Simon to step down, Greg Foran moves up via http://t.co/WIqJbYcapL
1 hours ago
.@NCUA just releases 3 segments of new online series to help CU managers, volunteers detect/deter fraud http://t.co/JgyRHcfgit
1 hours ago
.@USDA recognizes Royal #creditunion's $5M rural mortgage lending effort http://t.co/VMsvV0Mpbf
1 hours ago