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History
- Signed chap.301
- Delivered to governor
- Returned to senate
- Passed assembly
- Home rule request
- Ordered to third reading rules cal.543
- Substituted for A10978A
- Referred to cities
- Delivered to assembly
- Passed senateVote 61–0
- Home rule request
- Ordered to third reading cal.1346
Show 4 earlier actions
- Committee discharged and committed to rules
- Print number 7738a
- Amend (t) and recommit to local government
- Referred to local government
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.
Authorizes the city of Schenectady to enter into a contract to sell some or all of the delinquent tax liens held by such city to a private party; repealer
Assembly Floor Calendar · Sponsor George Amedore
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7738A
Title of bill
An act to authorize the city of Schenectady to enter into a contract to sell some or all of the delinquent tax liens held by such city to a private party; and providing for the repeal of such provisions upon expiration thereof
Purpose
This bill renews and continues the authority of the City of Schenectady to sell delinquent tax liens to a private party.
Summary of provisions
The bill amends Chapter 100 of 2009 to renew and extend the authority of the City of Schenectady to enter into a contract to sell some or all of its delinquent tax liens to private parties. This authority would be extended to December 31, 2010. Also, the city of Schenectady shall set the terms and conditions of the contract of sale. Finally, the sunset date of the underlying statute would be extended to December 31, 2012.
Existing law
Chapter 177 of the Laws of 2004 originally authorized the City of Sche- nectady to enter into a contract for the sale of tax liens to a private party. This authority was renewed by Chapter 100 of 2009.
Justification
This bill was requested by the City of Schenectady. Schenectady was the first municipality in New York State to be granted special legislation to enter into a contract for the sale of tax liens to a private party.
Schenectady's tax lien sales have been highly successful, raising significant funds for the city while also generally improving conditions for delinquent taxpayers who are able to negotiate flexible repayment terms with the private purchaser. Since the original law, other cities have sought, and have received, special legislative authority to conduct similar sales.
This legislation is necessary to ensure the continued ability of the City of Schenectady to enter into contracts for the sale of delinquent tax liens. The bill also extends the sunset date for the underlying statute to two years after the deadline for entering into a contract.
Legislative history
This is a new bill which amends Chapter 100 of 2009.
Fiscal implications
None to the State.
Local fiscal implications
This legislation will enable the City of Schenectady to continue to obtain revenue from the sale of tax liens to a private party. The amount
of revenue to the city will depend on the amount of tax delinquencies and the contract that is negotiated.
Effective date
This act shall take effect immediately, and shall expire and be deemed repealed on and after December 31, 2012.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.