Bill Text: NY S06247 | 2013-2014 | General Assembly | Introduced

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Bill Title: Authorizes the city of Middletown to sell or pledge delinquent liens held by such city.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2014-07-22 - SIGNED CHAP.144 [S06247 Detail]

Download: New_York-2013-S06247-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         6247
                                   I N  S E N A T E
                                      (PREFILED)
                                    January 8, 2014
                                      ___________
       Introduced  by  Sen. BONACIC -- read twice and ordered printed, and when
         printed to be committed to the Committee on Rules
       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, is amended to read as follows:
    6    S 3. This act shall take effect immediately AND SHALL  EXPIRE  AND  BE
    7  DEEMED REPEALED ON AND AFTER DECEMBER 31, 2015.
    8    S  2.  This  act  shall take effect immediately and shall be deemed to
    9  have been in full force and effect on and after the date on which  chap-
   10  ter 510 of the laws of 2013, took effect.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD13459-01-4