S5907 — Exempts mortgages of residential real property from taxation when property is purchased by owners receiving state or federal buyout of prior residence destroyed in hurricane Sandy

S5907 — Exempts mortgages of residential real property from taxation when property is purchased by owners receiving state or federal buyout of prior residence destroyed in hurricane Sandy · Informed CitizenryThis bill amends the tax law to authorize municipalities to exempt mortgages of residential real property from taxes when the property is purchased by owners who received, or are scheduled to recei…Open in Informed Citizenry