|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Oct 23, 2013||signed chap.429|
|Oct 11, 2013||delivered to governor|
|Jun 18, 2013||returned to assembly|
3rd reading cal.1459
substituted for s5588
|Jun 18, 2013||substituted by a1324|
ordered to third reading cal.1459
committee discharged and committed to rules
|May 23, 2013||referred to local government|
senate Bill S5588Signed By Governor
Archive: Last Bill Status Via A1324 - Signed by Governor
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
S5588 - Details
S5588 - Summary
Temporarily extends the maximum term of delinquent real property tax installment agreements.
S5588 - Sponsor Memo
BILL NUMBER:S5588 TITLE OF BILL: An act to amend the real property tax law, in relation to temporarily extending the maximum term of installment agreements for payment of delinquent taxes PURPOSE: This bill would permit local governments to increase the maximum term of installment agreement for payment of delinquent taxes from twenty four months to thirty six months, until December 31, 2015. SUMMARY OF PROVISIONS: Section 1 of the bill amends subdivision 3 of section 1184 of the real property tax law as it relates to increasing the installment agreement to thirty six months. Section 2 relates to effective date. JUSTIFICATION: As the economic conditions continue to worsen, more and more New Yorkers have been unable to pay their property taxes on time. Local governments are able to negotiate with these citizens and place them on an installment plan, however, by law they are limited to a 24 month time period. This law would permit the local government, at their option, to increase the installment period to 36 months, thereby helping New Yorkers avoid foreclosure.
S5588 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5588 2013-2014 Regular Sessions I N S E N A T E May 23, 2013 ___________ Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law, in relation to temporarily extending the maximum term of installment agreements for payment of delinquent taxes THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 3 of section 1184 of the real property tax law, as amended by chapter 532 of the laws of 1994, is amended to read as follows: (a) the maximum term of installment agreements, which shall not exceed twenty-four months; PROVIDED THAT FOR INSTALLMENT AGREEMENTS ENTERED INTO PRIOR TO DECEMBER THIRTY-FIRST, TWO THOUSAND FIFTEEN, THE MAXIMUM TERM OF INSTALLMENT AGREEMENTS SHALL NOT EXCEED THIRTY-SIX MONTHS; S 2. This act shall take effect immediately and shall expire and be deemed repealed December 31, 2015. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00458-01-3
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