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NY A09939
Bill
Status
4/29/2024
Primary Sponsor
Gary Pretlow
Click for details
AI Summary
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Reduces the initial payment requirement for installment agreements from 25% to 10% of delinquent taxes, assessments, and other charges in Mount Vernon.
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Establishes maximum agreement durations: 10 years for seniors earning at or below 40% of Westchester County area median income; 5 years for residential property owners; 3 years for all other property owners.
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Allows installment payments in monthly or quarterly increments rather than only annual payments.
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Expires 10 years after the effective date, at which time the provisions automatically repeal.
Legislative Description
Relates to the offering of installment payment plans for tax delinquent property in the city of Mount Vernon, subject to a first payment equal to at least ten percent of delinquent taxes, assessments or other legal charges, and subject to specific periods of duration.
Last Action
substituted by s9047
6/7/2024