What's happening
This bill allows respondents to request court-ordered property tax refunds be paid in installments over up to five years.
Why it matters
Empowers respondents. (usually municipalities or tax authorities) to unilaterally request installment payment plans for court-ordered property tax refunds, rather than requiring mutual agreement with the petitioner—potentially reducing immediate financial strain on local budgets.
Makes installment plans mandatory if requested by the respondent. , so courts must grant up to five years for repayment instead of deciding case-by-case or only when both parties agree, which could delay full restitution for property owners.
Removes the ability to negotiate or require interest payments on the installments. unless otherwise specified elsewhere, possibly reducing the total amount refunded to property owners compared to lump-sum payouts with interest.
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Who cares
Respondents owing real property tax refunds
The bill would let them require installment payments over a specified period of no more than five years without the other party’s agreement.
Property owners owed court-ordered tax refunds
They could receive refunds in installments at the respondent’s request rather than only by agreement between the parties.
Courts handling real property tax refund cases
They would have to order installment payments when a respondent requests them, and the bill would remove express language allowing agreed-upon interest on those installments.
Headline styles
Pay Court Refunds Over Years
Plain English, a few words. Used as the page title.
Sponsors
2 Multi-sponsors
History
- Referred to real property taxation
- Referred to real property taxation
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
7514
2017-2018 Regular Sessions
IN ASSEMBLY
April 28, 2017
Introduced by M. of A. ZEBROWSKI, GALEF, SEPULVEDA, D'URSO -- Multi- Sponsored by -- M. of A. HOOPER -- read once and referred to the Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to providing respondents the option to repay a court ordered refund in installments of no more than five years
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph (a) of subdivision 5 of section 726 of the real property tax law, as added by chapter 503 of the laws of 1996, is amended to read as follows:
(a) If the [parties have so agreed] respondent requests, a final order [may] shall provide that a refund which is payable pursuant to this section shall be paid in installments over a specified period, not to exceed five years. [The order may further provide, if the parties have so agreed, that interest shall be paid on such installments, at the rate provided by this section.] Each such installment shall be audited, paid and charged back in the manner provided by this section.
§ 2. This act shall take effect on the first of January next succeeding the date upon which it shall become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10994-01-7
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.