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NY A03966
Bill
Status
2/8/2023
Primary Sponsor
Christopher Tague
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AI Summary
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Amends Real Property Tax Law section 1112 to establish different redemption procedures for farm property versus non-farm property when multiple tax liens exist on a parcel.
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For non-farm property, liens must be redeemed in reverse chronological order (most recent lien first), with enforcement continuing as long as the earliest lien remains unredeemed.
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For farm property, liens must be redeemed in chronological order (earliest lien first), with enforcement continuing as long as the most recent lien remains unredeemed.
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Requires tax receipts issued during partial redemption to include a warning statement that the parcel remains subject to delinquent tax liens and continued non-payment may result in loss of property.
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Takes effect immediately and applies to all lien redemptions occurring after the effective date.
Legislative Description
Requires multiple liens on farm property to be paid in chronological order, with the earliest lien being paid off first and the most recent being paid last.
Last Action
referred to real property taxation
1/3/2024