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NY A01901

Bill

Official Source

Status

Introduced

1/11/2021

Primary Sponsor

Kenneth Zebrowski

Click for details

Origin

Assembly

2021-2022 General Assembly

AI Summary

  • Changes real property tax law to allow respondents to request installment payments for court-ordered refunds over a period not to exceed five years
  • Replaces requirement for mutual party agreement with respondent's unilateral right to request installment repayment
  • Removes provisions allowing courts to impose interest on installment payments
  • Each installment must be audited, paid, and charged back according to existing procedures
  • Takes effect on January 1 following enactment

Legislative Description

Provides respondents the option to repay a court ordered refund in installments of no more than five years.

Last Action

referred to real property taxation

1/5/2022

Committee Referrals

Real Property Taxation1/11/2021

Full Bill Text

No bill text available