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NY A06850

Bill

Official Source

Status

Introduced

4/12/2021

Primary Sponsor

Fred Thiele

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Origin

Assembly

2021-2022 General Assembly

AI Summary

  • Amends section 518 of the Real Property Tax Law to modify requirements for tax billing address changes
  • Allows assessors to decline entering a mortgage investing institution or agent as a tax billing address if the local governing body adopts a law, ordinance, or resolution authorizing this practice
  • Requires a public hearing before any city, village, town, school district, fire district, or county can adopt such local authorization
  • Takes effect immediately upon enactment

Legislative Description

Provides that local assessor offices no longer must add a code to notification forms for creation of termination of a mortgage escrow account.

Last Action

reported referred to ways and means

5/10/2022

Committee Referrals

Ways and Means5/10/2022
Real Property Taxation4/12/2021

Full Bill Text

No bill text available