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Who cares
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Sponsors
No co-sponsors yet.
History
- Substituted by A7227A
- Ordered to third reading cal.678
- Committee discharged and committed to rules
- Print number 5564a
- Amend (t) and recommit to veterans, homeland security and military affairs
- Referred to veterans, homeland security and military affairs
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to the redemption of tax foreclosed real property by certain military members
Signed by Governor · Sponsor Robert Sweeney
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the Suffolk county tax act, in relation to redemption of certain property owned by persons deployed by the United States military
Purpose
The purpose of this bill is to allow Suffolk County to waive fees, interest and penalties for the redemption of foreclosed residential real estate caused by financial hardship as a result of military activation.
Summary of specific provisions
Section 1: Amends Section 49 of Chapter 311 of the laws of 1920, the Suffolk County Tax Act, by adding a new subdivision c, allowing the Suffolk County Legislature to permit an owner of foreclosed residential real estate to redeem such real estate without interest, penalties and fees providing the foreclosure was a result of financial hardship cause by military activation overseas and other conditions.
Section 2: Effective date.
Justification
This bill recognizes that many service members experience serious hardship as a result of activation to duty and service to the country. Often, this hardship results in the foreclosure of the service member's home. They can already redeem this property, but this bill is needed to allow penalties, interests and fees to be waived.
Fiscal implications
None to the State.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.