Bill Text: NY S03858 | 2021-2022 | General Assembly | Introduced

New York Senate Bill 3858 (Prior Session Legislation)

Introduced

Bill Title: Decreases the time a vacant property may sit in foreclosure in Erie county.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2022-01-05 - REFERRED TO LOCAL GOVERNMENT [S03858 Detail]

Download: New_York-2021-S03858-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          3858

                               2021-2022 Regular Sessions

                    IN SENATE

                                    January 31, 2021
                                       ___________

        Introduced by Sens. KENNEDY, GALLIVAN -- read twice and ordered printed,
          and when printed to be committed to the Committee on Local Government

        AN  ACT  to amend the Erie county tax act, in relation to decreasing the
          time a vacant property may sit in foreclosure in Erie county

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Section 9-1.0 of chapter 812 of the laws of 1942, consti-
     2  tuting the Erie county tax act, is amended to read as follows:
     3    § 9-1.0 When foreclosure may be taken. (a) Whenever a tax sale certif-
     4  icate issued on any tax sale shall be outstanding, unredeemed and unpaid
     5  for a period of not less than two years nor more than twenty-five  years
     6  after  the issuance thereof and no conveyance has been taken thereunder,
     7  the holder of such tax sale certificate, including the county  of  Erie,
     8  may bring an action to recover the amount paid for such certificate with
     9  all interest, penalties, additions and expenses as in this act provided.
    10  For  that  purpose,  such a holder may maintain an action in the supreme
    11  court or in the county court of Erie county for the sale  of  the  lands
    12  affected  by  such  certificate.   Jurisdiction of such action is hereby
    13  expressly conferred upon such county court.
    14    (b) For real property that has been  certified  vacant  and  abandoned
    15  pursuant  to  section thirteen hundred nine of the real property actions
    16  and proceedings law, whenever a tax sale certificate issued on  any  tax
    17  sale  shall  be  outstanding,  unredeemed and unpaid for a period of not
    18  less than one year nor more than twenty-five years  after  the  issuance
    19  thereof  and no conveyance has been taken thereunder, the holder of such
    20  tax sale certificate, including the county of Erie, may bring an  action
    21  to  recover  the  amount  paid  for  such certificate with all interest,
    22  penalties, additions and expenses as in  this  act  provided.  For  that
    23  purpose, such a holder may maintain an action in the supreme court or in
    24  the  county  court  of Erie county for the sale of the lands affected by
    25  such certificate.  Jurisdiction  of  such  action  is  hereby  expressly
    26  conferred upon such county court.
    27    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06932-01-1