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A4162Assembly2017-2018 SessionSame asS3650

Remove Paid Tax Liens

Official title

“Provides that the department of taxation and finance shall withdraw from county records a tax lien for which the tax debt has been paid in full and satisfied”

Sponsor Thomas AbinantiAD-92+2 co-sponsorsAffects Finance
Status
Vetoed
Impact
4/10
Low
Outcome
Vetoed

Bill progress

Vetoed

What's happening

This bill requires New York to withdraw tax liens and notify taxpayers within five days after full payment of tax debts.

Why it matters

  1. Helps taxpayers restore their credit. By requiring the state to formally withdraw tax liens and notify individuals quickly after debts are paid, the bill makes it easier for taxpayers to repair their credit histories, as tax liens can significantly damage credit scores even after debts are settled.

  2. Reduces bureaucratic barriers. Automatic withdrawal and mandatory notification streamline the process, preventing delays that could otherwise keep a satisfied debt on public record and continue to negatively impact a taxpayer’s financial standing.

  3. Empowers taxpayers to correct their records. The notification specifically tells taxpayers to inform credit reporting agencies, giving them timely guidance to ensure their credit reports accurately reflect the cleared debt and removed lien.

  4. Strengthens taxpayer rights and transparency. By setting a five-day deadline for notification, the bill enforces prompt government action and increases accountability, ensuring taxpayers are not left in the dark about the status of their resolved debts.

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Who cares

Headline styles

Remove Paid Tax Liens

Plain English, a few words. Used as the page title.

Sponsors

Primary sponsor
Thomas Abinanti

Assembly Member · Assembly District 92

History

  1. Tabled
  2. Vetoed memo.277
  3. Delivered to governor
  4. Returned to assembly
  5. Passed senateVote 62–0
  6. 3rd reading cal.1826
  7. Substituted for S3650
  8. Referred to investigations and government operations
  9. Delivered to senate
  10. Passed assembly
  11. Ordered to third reading cal.316
  12. Advanced to third reading cal.339
Show 2 earlier actions
  1. Reported
  2. Referred to ways and means

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.

S3650Senate

Remove Paid Tax Liens

Senate Floor Calendar · Sponsor Kevin S. Parker

Impact 4 · Low0% to pass

Full text

1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗

STATE OF NEW YORK

4162

2017-2018 Regular Sessions

IN ASSEMBLY

February 1, 2017

Introduced by M. of A. ABINANTI, GOTTFRIED -- read once and referred to the Committee 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 Assembly, 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.

LBD03390-01-7

Reflowed for reading: line numbers and page breaks removed. Cite the official text.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.