| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| Jan 05, 2022 |
referred to local government |
| Sep 20, 2021 |
referred to rules |
Senate Bill S7390
2021-2022 Legislative Session
Sponsored By
(D, WF) 41st Senate District
Archive: Last Bill Status - In Senate Committee Local Government Committee
Actions
2021-S7390 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8368
- Current Committee:
- Senate Local Government
- Law Section:
- Real Property Taxation
2021-S7390 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7390
SPONSOR: HINCHEY
TITLE OF BILL:
An act to prohibit taxing jurisdictions from assessing late fees, inter-
est or penalties on real property taxes owed by a small rental business
negatively impacted by the COVID-19 pandemic
PURPOSE OR GENERAL IDEA OF BILL:
Authorizes taxing jurisdictions to opt not to assess late fees, interest
or penalties on real property taxes owed by a small rental business
negatively impacted by the COVID-19 pandemic.
SUMMARY OF PROVISIONS:
Section 1: A taxing jurisdiction may opt not to assess any fees, includ-
ing interest or penalties, for real property taxes owed on property
owned by a small rental business (5 or fewer rental units) during the
period commencing with the declaration of the state disaster emergency
2021-S7390 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
7390
2021-2022 Regular Sessions
I N S E N A T E
September 20, 2021
___________
Introduced by Sen. HINCHEY -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to prohibit taxing jurisdictions from assessing late fees, inter-
est or penalties on real property taxes owed by a small rental busi-
ness negatively impacted by the COVID-19 pandemic
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any provision of law to the contrary, a
taxing jurisdiction may opt not to assess any fees, including interest
or penalties, for real property taxes owed on property owned by a small
rental business during the period commencing with the declaration of the
state disaster emergency declared pursuant to Executive Order No. 202 of
2020 through August 31, 2022 where such small rental business has been
negatively impacted by the COVID-19 pandemic. For the purposes of this
act, "small rental business" shall mean a person or business owning and
operating five or fewer rental units.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD13059-04-1
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