N.Y. Tax Law § 1449-bbbbbb: Imposition of tax

§ 1449-bbbbbb. Imposition of tax. Notwithstanding any other provisions

of law to the contrary, the county of Madison, acting through its local

legislative body, is hereby authorized and empowered to adopt and amend

local laws imposing in such county a tax on each conveyance of real

property or interest therein when the consideration exceeds five hundred

dollars, at the rate of two dollars for each five hundred dollars or

fractional part thereof. Such local law may apply to any conveyance

occurring on or after the date designated by such legislative body, but

shall not apply to conveyances made on or after such date pursuant to

binding written contracts entered into prior to such date, provided that

the date of execution of such contract is confirmed by independent

evidence such as the recording of the contract, payment of a deposit or

other facts and circumstances as determined by the treasurer.