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NY A02509

Bill

Official Source

Status

Introduced

1/26/2023

Primary Sponsor

Erik Dilan

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Cities with a population of one million or more must implement a moratorium on tax lien sales until April 1, 2024
  • Moratorium applies to all tax lien sales regardless of other legal provisions
  • Purpose is to provide relief to property owners experiencing financial hardships from the COVID-19 pandemic
  • Act takes effect immediately upon passage

Legislative Description

Places a moratorium on tax lien sales in a city with a population of one million or more due to the financial hardships placed on property owners as a result of the COVID-19 pandemic.

Last Action

referred to real property taxation

1/3/2024

Committee Referrals

Real Property Taxation1/26/2023

Full Bill Text

No bill text available