NY S07284

Amends section 1330 of the real property tax law to split responsibility for paying returned unpaid school taxes between the county treasurer and the state comptroller.

County treasurer pays 50 percent of returned unpaid school taxes to the school district officer by April 1st following receipt of the tax statement and certificate.

State comptroller pays the other 50 percent of returned unpaid school taxes at the same time as the county treasurer's initial payment.

County treasurer must repay the state comptroller in 11 equal monthly installments (one-eleventh each month) so the state receives full reimbursement by March 1st of the following year.

Changes terminology in the law from "chapter" to "article" when referencing section 1342 of the real property tax law.