NY A00033

Authorizes cities and villages to sell delinquent tax liens to private parties until December 31, 2025, for liens attached to property on or before January 31, 2025/2026.

Requires city councils and village boards of trustees to hold public hearings with at least 45 days' notice before selling tax liens, with hearings held no more than 90 days before the sale.

Property owners must receive at least 30 days advance notice of tax lien sales and have the right to enter into payment plans of 24-48 months before foreclosure proceedings commence.

Cities and villages may repurchase liens from private purchasers within 30 days of receiving a foreclosure list, with repurchase prices equal to the original sale amount plus accrued interest.

Requires annual reporting to the state comptroller on tax lien sale outcomes, including revenue collected, number of foreclosures, payment plans entered, and complaints received; bill expires January 31, 2026.