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History
- Referred to cities
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 New York to reconvey its interest in certain real property acquired by in rem tax foreclosure in the borough of Bronx to former owner St. Peter's Lutheran Church
In Assembly Committee · Cities · Sponsor Carmen E. Arroyo
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S8139
Title of bill
An act authorizing the city of New York to reconvey its interest in certain real property acquired by in rem tax foreclosure in the borough of Bronx to former owner St. Peter's Lutheran Church, notwithstanding expiration of the two year period within which application may be made to the city to release its interest in property thus acquired; Block No. 2285, Lot No. 73 on tax map for the borough of Bronx
Purpose or general idea of bill
To permit St, Peters' Lutheran Church to re-acquire title to premises located at 431 East 140th Street, The Bronx, designated as lot number 73 in block number 2285.
Summary of provisions
Pursuant to sections 11-424 and 11-424.1 of the administrative code of the city of New York, the city may release its interest in property thus acquired if an application for such a release is filed with the city's department of general services within two years of the date on which the city's deed is recorded. If such period has elapsed, state legislation is necessary for reconveyance. Such release may be made upon approval of the city of New York, subject to the former owner meeting conditions set forth by the city of New York.
Justification
In 1981, through Bronx in rem tax foreclosure action the City of New York acquired title to premises designated as lot No. 73 in tax block 2285, based on non-payment of taxes to due to non-payment of real estate taxes.
Legislative history
New bill.
Fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.