S T A T E O F N E W Y O R K
________________________________________________________________________
9957
I N A S S E M B L Y
March 3, 2020
___________
Introduced by M. of A. ABINANTI -- read once and referred to the Commit-
tee on Ways and Means
AN ACT to amend the tax law, in relation to the withdrawal of tax liens
upon payment of taxes due
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 692 of the tax law is amended by adding a new
subsection (j) to read as follows:
(J) WITHDRAWAL OF LIEN.--THE DEPARTMENT, UPON PAYMENT IN FULL AND
SATISFACTION BY A TAXPAYER OF A TAX DEBT FOR WHICH A WARRANT HAS BEEN
FILED AND A LIEN ON PROPERTY HAS BEEN CREATED PURSUANT TO THIS SECTION,
SHALL, WITHDRAW SUCH WARRANT AND LIEN FROM THE RECORDS OF THE COUNTY IN
WHICH SUCH WARRANT WAS FILED AND LIEN WAS CREATED. WITHIN FIVE BUSINESS
DAYS OF SUCH WITHDRAWAL, THE DEPARTMENT SHALL SEND WRITTEN NOTIFICATION
TO SUCH TAXPAYER THAT SUCH WARRANT AND LIEN HAVE BEEN WITHDRAWN AND THAT
SUCH TAXPAYER MAY CONTACT CREDIT REPORTING AGENCIES AND NOTIFY THEM THAT
SUCH TAX DEBT HAS BEEN PAID IN FULL AND SATISFIED AND THAT SUCH WARRANT
AND LIEN HAVE BEEN WITHDRAWN.
§ 2. This act shall take effect on the sixtieth day after it shall
have become a law.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10618-01-9