Extends provisions relating to the mortgage tax in the county of Steuben until December 1, 2027.

The bill extends the existing mortgage recording tax in Steuben County, New York, until December 1, 2027. This tax is applied when a mortgage is recorded, and the extension allows the county to continue collecting this revenue for an additional two years beyond the previous expiration date of December 1, 2025.

Supporters argue that extending the mortgage recording tax provides Steuben County with a stable source of revenue, which can be used to fund essential public services and infrastructure projects. This financial stability is seen as beneficial for the county's long-term planning and development.

Critics contend that extending the mortgage recording tax places an additional financial burden on property buyers and could potentially discourage real estate transactions in Steuben County. They argue that this could have a negative impact on the local housing market and economic growth.