Bill Text: NY S04558 | 2021-2022 | General Assembly | Introduced
Bill Title: Prohibits the sale of tax liens by a tax district in a city with a population of one million or more.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-02-05 - REFERRED TO CITIES 1 [S04558 Detail]
Download: New_York-2021-S04558-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 4558 2021-2022 Regular Sessions IN SENATE February 5, 2021 ___________ Introduced by Sen. BENJAMIN -- read twice and ordered printed, and when printed to be committed to the Committee on Cities 1 AN ACT to amend the real property tax law and the administrative code of the city of New York, in relation to prohibiting the sale of tax liens by a tax district in a city with a population if one million or more The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (a) of subdivision 1 of section 1190 of the real 2 property tax law, as amended by chapter 149 of the laws of 2003, is 3 amended to read as follows: 4 (a) Notwithstanding any general or special law to the contrary, a tax 5 district may enter into a contract to sell some or all of the delinquent 6 tax liens held by it to the state of New York municipal bond bank agency 7 created pursuant to section twenty-four hundred thirty-three of the 8 public authorities law, hereinafter referred to as the "bond bank", or 9 to one or more tax lien entities created by the bond bank pursuant to 10 section twenty-four hundred thirty-five-b of the public authorities law. 11 A tax district may enter into such a contract whether or not it is 12 otherwise subject to the provisions of this article[; provided, however,13that any county, city or town that is not subject to the provisions of14this article pursuant to subdivision two of section eleven hundred four15of this article may continue to enforce the collection of delinquent16taxes, including through the sale of tax liens, pursuant to a county17charter, city charter, administrative code or special law]. Notwith- 18 standing any provision of law to the contrary, no tax district in a city 19 with a population of one million or more shall sell some or all of the 20 tax liens held by it. 21 § 2. Subdivision b of section 11-319 of the administrative code of the 22 city of New York is amended by adding a new paragraph 14 to read as 23 follows: EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03367-01-1S. 4558 2 1 14. Notwithstanding any provision of law to the contrary, on and after 2 the effective date of this subdivision, no tax lien shall be sold pursu- 3 ant to this chapter. 4 § 3. This act shall take effect on the first of January next succeed- 5 ing the date on which it shall have become a law.