Assembly Bill A10214

2009-2010 Legislative Session

Amends the order in which delinquent tax liens must be repaid

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Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2009-A10214 (ACTIVE) - Details

Current Committee:
Assembly Real Property Taxation
Law Section:
Real Property Tax Law
Laws Affected:
Amd §1112, RPT L
Versions Introduced in 2011-2012 Legislative Session:
A4631

2009-A10214 (ACTIVE) - Summary

Amends the order in which delinquent tax liens must be repaid.

2009-A10214 (ACTIVE) - Sponsor Memo

2009-A10214 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  10214

                          I N  A S S E M B L Y

                             March 11, 2010
                               ___________

Introduced by M. of A. REILLY -- read once and referred to the Committee
  on Real Property Taxation

AN  ACT to amend the real property tax law, in relation to the repayment
  of delinquent taxes

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subdivisions 1 and 2 of section 1112 of the real property
tax law, as amended by chapter 532 of the laws of 1994, are  amended  to
read as follows:
  1.  When a tax district holds more than one tax lien against a parcel,
the  liens  need not be redeemed simultaneously. However, the liens must
be redeemed in [reverse] chronological order, so that the lien with  the
most  recent  lien  date is redeemed [first] LAST, and the lien with the
earliest lien date is redeemed [last] FIRST. Notwithstanding the redemp-
tion of one or more of the liens against a parcel  as  provided  herein,
the  enforcement  process  shall  proceed according to the provisions of
this article as long as [the earliest] A lien WITH A LIEN DATE FROM  ANY
YEAR IN THE PRECEDING THREE YEARS remains unredeemed.
  2.  (a)  When  one  or  more  liens  against  a parcel are redeemed as
provided herein, but [the earliest] ANY lien WITH A LIEN DATE  FROM  ANY
YEAR IN THE PRECEDING THREE YEARS remains unredeemed, the receipt issued
to  the  person redeeming shall include a statement in substantially the
following form:  "This parcel remains subject to one or more  delinquent
tax  liens.  The payment you have made will not postpone the enforcement
of the outstanding lien or liens. Continued failure to  pay  the  entire
amount owed will result in the loss of the property."
  (b)  Failure  to  include  such  a  statement on the receipt shall not
invalidate any tax lien or  prevent  the  enforcement  of  the  same  as
provided by law.
  S 2.  This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD16017-01-0


              

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