Bill Text: NY S02257 | 2013-2014 | General Assembly | Amended
Bill Title: Authorizes cities and villages to collect delinquent real property taxes.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2014-06-20 - COMMITTED TO RULES [S02257 Detail]
Download: New_York-2013-S02257-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 2257--B Cal. No. 232 2013-2014 Regular Sessions I N S E N A T E January 15, 2013 ___________ Introduced by Sens. KLEIN, ADDABBO, DILAN -- read twice and ordered printed, and when printed to be committed to the Committee on Cities -- recommitted to the Committee on Cities in accordance with Senate Rule 6, sec. 8 -- reported favorably from said committee, ordered to first and second report, ordered to a third reading, amended and ordered reprinted, retaining its place in the order of third reading -- again amended and ordered reprinted, retaining its place in the order of third reading AN ACT to amend the general city law and chapter 602 of the laws of 1993 amending the real property tax law relating to the enforcement of the collection of delinquent real property taxes and to the collection of taxes by banks, in relation to the collection of delinquent real prop- erty taxes; and providing for the repeal of such provisions upon expi- ration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. The general city law is amended by adding a new section 2 21-a to read as follows: 3 S 21-A. COLLECTION OF DELINQUENT TAX LIENS. NOTWITHSTANDING ANY 4 PROVISION OF ANY GENERAL, SPECIAL OR LOCAL LAW TO THE CONTRARY AND UNTIL 5 DECEMBER THIRTY-FIRST, TWO THOUSAND EIGHTEEN, ANY CITY MAY ENTER INTO A 6 CONTRACT TO SELL SOME OR ALL OF THE DELINQUENT TAX LIENS HELD BY IT 7 WHICH HAVE BEEN ATTACHED TO REAL PROPERTY ON OR BEFORE JANUARY 8 THIRTY-FIRST, TWO THOUSAND NINETEEN, TO A PRIVATE PARTY, SUBJECT TO THE 9 FOLLOWING CONDITIONS: 10 1. PRIOR TO ANY SALE, THE CITY COUNCIL SHALL HOLD A PUBLIC HEARING, ON 11 NOTICE OF AT LEAST FORTY-FIVE DAYS, ANNOUNCING THE INTENTION OF THE CITY 12 TO SELL ITS DELINQUENT REAL PROPERTY TAX LIENS TO A THIRD PARTY. SUCH 13 HEARING SHALL NOT BE HELD MORE THAN NINETY DAYS PRIOR TO SUCH SALE. 14 2. UPON THE APPROVAL OF THE CITY COUNCIL AND BY ADOPTION OF A LOCAL 15 LAW, ANY CITY SHALL BE AUTHORIZED TO SELL DELINQUENT TAX LIENS AND THE EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02366-07-4 S. 2257--B 2 1 CONSIDERATION TO BE PAID MAY BE MORE OR LESS THAN THE FACE AMOUNT OF THE 2 TAX LIENS SOLD. 3 3. PROPERTY OWNERS SHALL BE GIVEN AT LEAST THIRTY DAYS ADVANCE NOTICE 4 OF SUCH SALE IN THE SAME FORM AND MANNER AS IS PROVIDED BY SUBDIVISION 5 TWO OF SECTION ELEVEN HUNDRED NINETY OF THE REAL PROPERTY TAX LAW. 6 FAILURE TO PROVIDE SUCH NOTICE OR THE FAILURE OF THE ADDRESSEE TO 7 RECEIVE THE SAME SHALL INVALIDATE ANY SALE OF A TAX LIEN OR TAX LIENS. 8 4. THE CITY SHALL SET THE TERMS AND CONDITIONS OF THE CONTRACT OF 9 SALE. 10 5. UPON THE SALE OF SUCH DELINQUENT TAX LIENS, THE CITY SHALL FILE, IN 11 THE COUNTY CLERK'S OFFICE, AS INDEXED AGAINST THE NAME OF THE ASSESSED 12 PROPERTY OWNER AND BY SECTION, BLOCK AND LOT OF SUCH PARCEL, NOTICE OF 13 SUCH SALE FOR EACH PARCEL OF REAL PROPERTY INCLUDED IN THE SALE, AND 14 SHALL INCLUDE IN THE NOTICE THE NAME, ADDRESS AND TELEPHONE NUMBER OF 15 THE TAX LIEN PURCHASER. 16 6. THE TAX LIEN PURCHASER MUST, THIRTY DAYS PRIOR TO THE COMMENCEMENT 17 OF ANY FORECLOSURE ACTION, PROVIDE TO THE CITY A LIST OF LIENS TO BE 18 FORECLOSED. THE CITY MAY, AT ITS SOLE OPTION AND DISCRETION, REPURCHASE 19 A LIEN OR LIENS ON THE FORECLOSURE LIST FROM THE TAX LIEN PURCHASER. THE 20 REPURCHASE PRICE SHALL BE THE AMOUNT AT WHICH THE CITY SOLD THE LIEN OR 21 LIENS TO THE TAX LIEN PURCHASER AND MAY INCLUDE ANY ACCRUED INTEREST. 22 THE TAX LIEN PURCHASER SHALL PROVIDE THE FORECLOSURE LIST TO THE CITY 23 ALONG WITH THE APPLICABLE REPURCHASE PRICE OF EACH LIEN, BY CERTIFIED 24 MAIL, AND THE CITY SHALL HAVE THIRTY DAYS FROM RECEIPT TO NOTIFY THE TAX 25 LIEN PURCHASER OF ITS OPTION TO PURCHASE ONE OR MORE OF THE LIENS. IF 26 THE CITY OPTS TO PURCHASE THE LIEN, IT SHALL PROVIDE PAYMENT WITHIN 27 THIRTY DAYS OF RECEIPT OF THE REPURCHASE PRICE OF SAID LIEN OR LIENS. IF 28 THE CITY SHALL FAIL TO OPT TO REPURCHASE THE LIEN OR LIENS THE TAX LIEN 29 PURCHASER SHALL HAVE THE RIGHT TO COMMENCE A FORECLOSURE ACTION ONLY 30 AFTER THE PURCHASER HAS GIVEN WRITTEN NOTICE TO THE PROPERTY OWNER AT 31 THE LAST KNOWN ADDRESS AS LISTED ON THE ASSESSMENT ROLL OF THE CITY THAT 32 SAID PROPERTY OWNER HAS THE RIGHT TO ENTER INTO A PAYMENT PLAN OF AT 33 LEAST TWENTY-FOUR MONTHS BUT NO LONGER THAN FORTY-EIGHT MONTHS TO REPAY 34 THE TAX AMOUNT OWED. THE TAX LIEN PURCHASER SHALL HAVE THE RIGHT TO 35 CHARGE THE SAME INTEREST AS WAS ACCRUING ON THE TAX LIEN CERTIFICATE. 36 THE TAX LIEN PURCHASER SHALL NOT BE ALLOWED TO CHARGE ANY OTHER FEES, 37 COSTS OR CHARGES EXCEPT THOSE EXPRESSLY ALLOWED HEREIN UNDER THIS 38 SECTION. 39 7. THE SALE OF A TAX LIEN PURSUANT TO THIS SECTION SHALL NOT OPERATE 40 TO SHORTEN THE OTHERWISE APPLICABLE REDEMPTION PERIOD OR CHANGE THE 41 OTHERWISE APPLICABLE INTEREST RATE. 42 8. UPON THE EXPIRATION OF THE REDEMPTION PERIOD PRESCRIBED BY LAW, THE 43 PURCHASER OF A DELINQUENT TAX LIEN, OR ITS SUCCESSORS OR ASSIGNS, MAY 44 FORECLOSE THE LIEN AS IN AN ACTION AS PROVIDED IN SECTION ELEVEN HUNDRED 45 NINETY-FOUR OF THE REAL PROPERTY TAX LAW. THE PROCEDURE IN SUCH ACTION 46 SHALL BE THE SAME PROCEDURE AS PRESCRIBED BY ARTICLE THIRTEEN OF THE 47 REAL PROPERTY ACTIONS AND PROCEEDINGS LAW FOR THE FORECLOSURE OF MORT- 48 GAGES. AT ANY TIME FOLLOWING THE COMMENCEMENT OF AN ACTION TO FORECLOSE 49 A LIEN, THE AMOUNT REQUIRED TO REDEEM THE LIEN, OR THE AMOUNT RECEIVED 50 UPON SALE OF A PROPERTY, MAY INCLUDE REASONABLE AND NECESSARY COLLECTION 51 COSTS AND LEGAL FEES. 52 9. IN THE EVENT THAT THE OWNER OF REAL PROPERTY SUBJECT TO A DELIN- 53 QUENT TAX LIEN PURCHASED BY A TAX LIEN PURCHASER PAYS THE DELINQUENT 54 TAXES AND INTEREST OWED UPON SUCH REAL PROPERTY WITHIN THE APPLICABLE 55 REDEMPTION PERIOD, OR THE TAX LIEN PURCHASER SELLS, IN A FORECLOSURE 56 ACTION, ITS INTEREST IN REAL PROPERTY, SUCH TAX LIEN PURCHASER, OR ITS S. 2257--B 3 1 SUCCESSORS OR ASSIGNS, SHALL, WITHIN TEN DAYS OF SUCH REDEMPTION OR 2 SALE, FILE, IN THE COUNTY CLERK'S OFFICE, A NOTICE OF ITS TERMINATION OF 3 ALL RIGHT, TITLE AND INTEREST IN THE PARCEL OF REAL PROPERTY. THE FAIL- 4 URE TO COMPLY WITH THE PROVISIONS OF THIS SUBDIVISION SHALL RESULT IN 5 THE IMPOSITION OF A CIVIL PENALTY OF ONE HUNDRED DOLLARS BY THE COUNTY 6 CLERK. 7 10. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, IN THE EVENT 8 THAT A DELINQUENT TAX LIEN PURCHASER HAS NOT COMMENCED AN ACTION TO 9 FORECLOSE UPON A PARCEL OF REAL PROPERTY WITHIN TWO YEARS OF THE FILING 10 OF THE NOTICE RELATING TO SUCH PROPERTY PURSUANT TO SUBDIVISION FIVE OF 11 THIS SECTION, SUCH NOTICE SHALL BE DEEMED BY LAW TO BE NULL AND VOID. 12 11. IN EACH YEAR SUBSEQUENT TO THE TAX LIEN SALE, AND NO MORE THAN 13 SIXTY DAYS AFTER THE ANNUAL ANNIVERSARY OF SUCH SALE, THE CITY COUNCIL 14 OR THEIR DESIGNEE SHALL PREPARE A REPORT ON THE STATUS AND RESULTS OF 15 SUCH SALE. SUCH REPORT SHALL INCLUDE, BUT NEED NOT BE LIMITED TO, INFOR- 16 MATION ON THE TOTAL DOLLAR AMOUNT RECEIVED BY THE MUNICIPALITY IN SUCH 17 SALE, THE NUMBER OF FORECLOSURES CONDUCTED BY THE THIRD PARTY, THE 18 NUMBER OF PAYMENT PLANS ENTERED INTO BY TAXPAYERS AND THE STATUS THERE- 19 OF, THE NUMBER, IF ANY, OF COMPLAINTS ABOUT THE FORECLOSURE PROCESS, THE 20 NUMBER OF PROPERTIES TAKEN BACK BY THE CITY PURSUANT TO THE TERMS AND 21 CONDITIONS OF THE CONTRACT OF SALE, THE NUMBER, IF ANY, OF COMPLAINTS 22 RECEIVED BY THE CITY ON THE CONDUCT OF THE ACTIONS OF THE THIRD PARTY 23 AND ANY OTHER INFORMATION THE CITY COUNCIL DEEMS NECESSARY AND PROPER. 24 SUCH REPORT SHALL BE FILED WITH THE STATE COMPTROLLER FOR HIS OR HER 25 REVIEW. THE STATE COMPTROLLER SHALL ANNUALLY PREPARE A REPORT FOR 26 SUBMISSION TO THE GOVERNOR, THE TEMPORARY PRESIDENT OF THE SENATE, THE 27 SPEAKER OF THE ASSEMBLY, AND TO THE RESPECTIVE MINORITY LEADERS IN BOTH 28 THE SENATE AND ASSEMBLY WHICH DETAILS THE EXPERIENCES OF ALL CITIES THAT 29 PARTICIPATED IN SUCH PROGRAM TO COLLECT DELINQUENT TAX LIENS AS PROVIDED 30 FOR IN SECTION THREE OF THE CHAPTER OF THE LAWS OF TWO THOUSAND FOURTEEN 31 THAT ADDED THIS SECTION. 32 12. THE PROVISIONS OF TITLE FIVE OF ARTICLE ELEVEN OF THE REAL PROPER- 33 TY TAX LAW SHALL APPLY SO FAR AS IS PRACTICABLE TO A CONTRACT FOR THE 34 SALE OF TAX LIENS PURSUANT TO THIS SECTION. 35 S 2. Section 6 of chapter 602 of the laws of 1993 amending the real 36 property tax law relating to the enforcement of the collection of delin- 37 quent real property taxes and to the collection of taxes by banks, is 38 amended by adding a new subdivision (d) to read as follows: 39 (D) NOTWITHSTANDING ANY PROVISION OF ANY GENERAL, SPECIAL OR LOCAL LAW 40 TO THE CONTRARY AND UNTIL DECEMBER 31, 2018, ANY VILLAGE MAY ENTER INTO 41 A CONTRACT TO SELL SOME OR ALL OF THE DELINQUENT TAX LIENS HELD BY IT 42 WHICH HAVE BEEN ATTACHED TO REAL PROPERTY ON OR BEFORE JANUARY 31, 2019, 43 TO A PRIVATE PARTY, SUBJECT TO THE FOLLOWING CONDITIONS: 44 (1) PRIOR TO ANY SALE, THE BOARD OF TRUSTEES SHALL HOLD A PUBLIC HEAR- 45 ING, ON NOTICE OF AT LEAST 45 DAYS, ANNOUNCING THE INTENTION OF THE 46 VILLAGE TO SELL ITS DELINQUENT REAL PROPERTY TAX LIENS TO A THIRD PARTY. 47 SUCH HEARING SHALL NOT BE HELD MORE THAN 90 DAYS PRIOR TO SUCH SALE. 48 (2) UPON THE APPROVAL OF THE BOARD OF TRUSTEES AND BY ADOPTION OF A 49 LOCAL LAW, THE BOARD SHALL AUTHORIZE THE SALE OF SAID DELINQUENT TAX 50 LIENS AND THE CONSIDERATION TO BE PAID MAY BE MORE OR LESS THAN THE FACE 51 AMOUNT OF THE TAX LIENS SOLD. 52 (3) PROPERTY OWNERS SHALL BE GIVEN AT LEAST 30 DAYS ADVANCE NOTICE OF 53 SUCH SALE IN THE SAME FORM AND MANNER AS IS PROVIDED BY SUBDIVISION 2 OF 54 SECTION 1190 OF THE REAL PROPERTY TAX LAW. FAILURE TO PROVIDE SUCH 55 NOTICE OR THE FAILURE OF THE ADDRESSEE TO RECEIVE THE SAME SHALL INVALI- S. 2257--B 4 1 DATE ANY SALE OF A TAX LIEN OR TAX LIENS OR THE VALIDITY OF THE TAXES OR 2 INTEREST PRESCRIBED BY LAW WITH RESPECT THERETO. 3 (4) THE VILLAGE SHALL SET THE TERMS AND CONDITIONS OF THE CONTRACT OF 4 SALE. 5 (5) UPON THE SALE OF SUCH DELINQUENT TAX LIENS, THE VILLAGE SHALL 6 FILE, IN THE COUNTY CLERK'S OFFICE, AS INDEXED AGAINST THE NAME OF THE 7 ASSESSED PROPERTY OWNER AND BY SECTION, BLOCK AND LOT OF SUCH PARCEL, 8 NOTICE OF SUCH SALE FOR EACH PARCEL OF REAL PROPERTY INCLUDED IN THE 9 SALE, AND SHALL INCLUDE IN THE NOTICE THE NAME, ADDRESS AND TELEPHONE 10 NUMBER OF THE TAX LIEN PURCHASER. 11 (6) THE TAX LIEN PURCHASER MUST, 30 DAYS PRIOR TO THE COMMENCEMENT OF 12 ANY FORECLOSURE ACTION, PROVIDE TO THE VILLAGE A LIST OF LIENS TO BE 13 FORECLOSED. THE VILLAGE MAY, AT ITS SOLE OPTION AND DISCRETION, REPUR- 14 CHASE A LIEN OR LIENS ON THE FORECLOSURE LIST FROM THE TAX LIEN PURCHAS- 15 ER. THE REPURCHASE PRICE SHALL BE THE AMOUNT AT WHICH THE VILLAGE SOLD 16 THE LIEN OR LIENS TO THE TAX LIEN PURCHASER AND MAY INCLUDE ANY ACCRUED 17 INTEREST. THE TAX LIEN PURCHASER SHALL PROVIDE THE FORECLOSURE LIST TO 18 THE VILLAGE ALONG WITH THE APPLICABLE REPURCHASE PRICE OF EACH LIEN, BY 19 CERTIFIED MAIL, AND THE VILLAGE SHALL HAVE 30 DAYS FROM RECEIPT TO NOTI- 20 FY THE TAX LIEN PURCHASER OF ITS OPTION TO PURCHASE ONE OR MORE OF THE 21 LIENS. IF THE VILLAGE OPTS TO PURCHASE THE LIEN, IT SHALL PROVIDE 22 PAYMENT WITHIN 30 DAYS OF RECEIPT OF THE REPURCHASE PRICE OF SAID LIEN 23 OR LIENS. IF THE VILLAGE SHALL FAIL TO OPT TO REPURCHASE THE LIEN OR 24 LIENS THE TAX LIEN PURCHASER SHALL HAVE THE RIGHT TO COMMENCE A FORECLO- 25 SURE ACTION ONLY AFTER THE PURCHASER HAS GIVEN WRITTEN NOTICE TO THE 26 PROPERTY OWNER AT THE LAST KNOWN ADDRESS AS LISTED ON THE ASSESSMENT 27 ROLL OF THE VILLAGE THAT SAID PROPERTY OWNER HAS THE RIGHT TO ENTER INTO 28 A PAYMENT PLAN OF AT LEAST 24 MONTHS BUT NO LONGER THAN 48 MONTHS TO 29 REPAY THE TAX AMOUNT OWED. THE TAX LIEN PURCHASER SHALL HAVE THE RIGHT 30 TO CHARGE THE SAME INTEREST AS WAS ACCRUING ON THE TAX LIEN CERTIFICATE. 31 THE TAX LIEN PURCHASER SHALL NOT BE ALLOWED TO CHARGE ANY OTHER FEES, 32 COSTS OR CHARGES EXCEPT THOSE EXPRESSLY ALLOWED HEREIN UNDER THIS SUBDI- 33 VISION. 34 (7) THE SALE OF A TAX LIEN PURSUANT TO THIS SUBDIVISION SHALL NOT 35 OPERATE TO SHORTEN THE OTHERWISE APPLICABLE REDEMPTION PERIOD OR CHANGE 36 THE OTHERWISE APPLICABLE INTEREST RATE. 37 (8) UPON THE EXPIRATION OF THE REDEMPTION PERIOD PRESCRIBED BY LAW, 38 THE PURCHASER OF A DELINQUENT TAX LIEN, OR ITS SUCCESSORS OR ASSIGNS, 39 MAY FORECLOSE THE LIEN AS IN AN ACTION AS PROVIDED IN SECTION 1194 OF 40 THE REAL PROPERTY TAX LAW. THE PROCEDURE IN SUCH ACTION SHALL BE THE 41 SAME PROCEDURE AS PRESCRIBED BY ARTICLE 13 OF THE REAL PROPERTY ACTIONS 42 AND PROCEEDINGS LAW FOR THE FORECLOSURE OF MORTGAGES. AT ANY TIME 43 FOLLOWING THE COMMENCEMENT OF AN ACTION TO FORECLOSE A LIEN, THE AMOUNT 44 REQUIRED TO REDEEM THE LIEN, OR THE AMOUNT RECEIVED UPON SALE OF A PROP- 45 ERTY, MAY INCLUDE REASONABLE AND NECESSARY COLLECTION COSTS AND LEGAL 46 FEES. 47 (9) IN THE EVENT THAT THE OWNER OF REAL PROPERTY SUBJECT TO A DELIN- 48 QUENT TAX LIEN PURCHASED BY A TAX LIEN PURCHASER PAYS THE DELINQUENT 49 TAXES AND INTEREST OWED UPON SUCH REAL PROPERTY WITHIN THE APPLICABLE 50 REDEMPTION PERIOD, OR THE TAX LIEN PURCHASER SELLS, IN A FORECLOSURE 51 ACTION, ITS INTEREST IN REAL PROPERTY, SUCH TAX LIEN PURCHASER, OR ITS 52 SUCCESSORS OR ASSIGNS, SHALL, WITHIN 10 DAYS OF SUCH REDEMPTION OR SALE, 53 FILE, IN THE COUNTY CLERK'S OFFICE, A NOTICE OF ITS TERMINATION OF ALL 54 RIGHT, TITLE AND INTEREST IN THE PARCEL OF REAL PROPERTY. THE FAILURE TO 55 COMPLY WITH THE PROVISIONS OF THIS SUBDIVISION SHALL RESULT IN THE IMPO- 56 SITION OF A CIVIL PENALTY OF ONE HUNDRED DOLLARS BY THE COUNTY CLERK. S. 2257--B 5 1 (10) NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, IN THE 2 EVENT THAT A DELINQUENT TAX LIEN PURCHASER HAS NOT COMMENCED AN ACTION 3 TO FORECLOSE UPON A PARCEL OF REAL PROPERTY WITHIN TWO YEARS OF THE 4 FILING OF THE NOTICE RELATING TO SUCH PROPERTY PURSUANT TO PARAGRAPH 5 FIVE OF THIS SUBDIVISION, SUCH NOTICE SHALL BE DEEMED BY LAW TO BE NULL 6 AND VOID. 7 (11) IN EACH YEAR SUBSEQUENT TO THE TAX LIEN SALE, AND NO MORE THAN 60 8 DAYS AFTER THE ANNUAL ANNIVERSARY OF SUCH SALE, THE VILLAGE SHALL 9 PREPARE A REPORT ON THE STATUS AND RESULTS OF SUCH SALE. SUCH REPORT 10 SHALL INCLUDE, BUT NEED NOT BE LIMITED TO, INFORMATION ON THE TOTAL 11 DOLLAR AMOUNT RECEIVED BY THE MUNICIPALITY IN SUCH SALE, THE NUMBER OF 12 FORECLOSURES CONDUCTED BY THE THIRD PARTY, THE NUMBER OF PAYMENT PLANS 13 ENTERED INTO BY THE TAXPAYERS AND THE STATUS THEREOF, THE NUMBER, IF 14 ANY, OF COMPLAINTS ABOUT THE FORECLOSURE PROCESS, THE NUMBER OF PROPER- 15 TIES TAKEN BACK BY THE VILLAGE PURSUANT TO THE TERMS AND CONDITIONS OF 16 THE CONTRACT OF SALE, THE NUMBER, IF ANY, OF COMPLAINTS RECEIVED BY THE 17 VILLAGE ON THE CONDUCT OF THE ACTIONS OF THE THIRD PARTY AND ANY OTHER 18 INFORMATION THE VILLAGE DEEMS NECESSARY AND PROPER. SUCH REPORT SHALL BE 19 FILED WITH THE STATE COMPTROLLER FOR HIS OR HER REVIEW. THE STATE COMP- 20 TROLLER SHALL ANNUALLY PREPARE A REPORT FOR SUBMISSION TO THE GOVERNOR, 21 THE TEMPORARY PRESIDENT OF THE SENATE, THE SPEAKER OF THE ASSEMBLY, AND 22 TO THE RESPECTIVE MINORITY LEADERS IN BOTH THE SENATE AND ASSEMBLY WHICH 23 DETAILS THE EXPERIENCES OF ALL VILLAGES THAT PARTICIPATED IN SUCH 24 PROGRAM TO COLLECT DELINQUENT TAX LIENS AS PROVIDED FOR IN SECTION 3 OF 25 THE CHAPTER OF THE LAWS OF 2014 THAT ADDED THIS SUBDIVISION. 26 (12) THE PROVISIONS OF TITLE 5 OF ARTICLE 11 OF THE REAL PROPERTY TAX 27 LAW SHALL APPLY SO FAR AS IS PRACTICABLE TO A CONTRACT FOR THE SALE OF 28 TAX LIENS PURSUANT TO THIS SUBDIVISION. 29 S 3. The state comptroller in preparing its annual report that 30 outlines the experiences of all cities and villages that have partic- 31 ipated in a program to collect delinquent tax liens as provided for in 32 section 21-a of the general city law and subdivision (d) of section 6 of 33 chapter 602 of the laws of 1993, shall include the following information 34 as provided for in this section. Such report shall briefly outline the 35 reports submitted by all participating municipalities, the cost effec- 36 tiveness of such program to enhance real property tax collections, the 37 aggregate amount of tax revenue collected minus expenses, the number of 38 foreclosures conducted by third parties, the number of payment plans 39 entered into by taxpayers, the number and severity of complaints about 40 the foreclosure process, the number of properties taken back by partic- 41 ipating municipalities, any complaints received by participating munici- 42 palities from tax lien debtors and the general public, and any other 43 items or suggestions that the state comptroller may make to increase 44 consumer protections to assist real property owners who have delinquent 45 tax liens pending to retain their real property. Such report shall be 46 issued by the state comptroller by July first of each year. 47 S 4. This act shall take effect immediately and shall expire January 48 31, 2019 when upon such date the provisions of this act shall be deemed 49 repealed.