Bill Text: NY A07851 | 2017-2018 | General Assembly | Introduced

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Bill Title: Extends provisions of law relating to authorizing Middletown to sell delinquent liens to private parties.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2017-06-20 - substituted by s6129 [A07851 Detail]

Download: New_York-2017-A07851-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          7851
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                      May 17, 2017
                                       ___________
        Introduced  by M. of A. GUNTHER -- read once and referred to the Commit-
          tee on Ways and Means
        AN ACT to amend chapter 510 of the laws of 2013, authorizing the city of
          Middletown to enter into a contract to sell or  pledge  as  collateral
          for  a loan some or all of the delinquent liens held by such city to a
          private party or engage a private party to collect some or all of  the
          delinquent  tax  liens  held  by  it, in relation to the effectiveness
          thereof
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Section 3 of chapter 510 of the laws of 2013, authorizing
     2  the city of Middletown to enter into a contract to  sell  or  pledge  as
     3  collateral  for  a loan some or all of the delinquent liens held by such
     4  city to a private party or engage a private party to collect some or all
     5  of the delinquent tax liens held by it, as amended by chapter 38 of  the
     6  laws of 2016, is amended to read as follows:
     7    §  3.  This  act shall take effect immediately and shall expire and be
     8  deemed repealed on and after December 31, [2017] 2019.
     9    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11583-01-7