NY A09047

Requires real property tax statements to include the due dates for installment payments without interest or penalties if the property owner has elected to pay taxes in installments.

Amends section 922 of the Real Property Tax Law to add a new requirement that tax statements disclose installment payment due dates when an owner chooses this payment method.

Modifies sections 974 and 1338 of the Real Property Tax Law to require tax statements recite that owners may elect installment payments and, if elected, include the due dates for such payments without interest and penalties.

Takes effect immediately upon enactment.