What's happening
This bill extends the maximum period for paying delinquent property taxes in installments from 24 to 36 months.
Why it matters
Provides greater flexibility for property owners. by allowing them more time (up to 36 months) to pay off delinquent property taxes, which could help those facing temporary financial hardships avoid foreclosure.
May reduce the immediate financial burden on households and small businesses. , making it easier for them to catch up on overdue taxes without facing steep lump-sum payments or harsh penalties.
Could lead to more stable revenue streams for local governments. , as more taxpayers may enter into installment agreements and keep up with payments, rather than defaulting entirely or abandoning properties.
Reflects a policy shift toward supporting property retention and community stability. , potentially helping to keep more residents in their homes and reducing neighborhood blight associated with tax foreclosures.
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Who cares
Headline styles
Extend Tax Payment Deadline
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Substituted by A4420
- Ordered to third reading cal.1317
- Committee discharged and committed to rules
- 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.
Extend Tax Payment Time
Signed by Governor · Sponsor Kenneth Zebrowski
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
4585
2019-2020 Regular Sessions
IN SENATE
March 15, 2019
Introduced by Sen. SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government
AN ACT to amend the real property tax law, in relation to expanding the length of time to pay delinquent taxes in installments to thirty-six months
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph (a) of subdivision 3 of section 1184 of the real property tax law, as amended by chapter 532 of the laws of 1994, is amended to read as follows:
(a) the maximum term of installment agreements, which shall not exceed [twenty-four] thirty-six months;
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08546-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend the real property tax law, in relation to expanding the length of time to pay delinquent taxes in installments to thirty-six months
Purpose
This bill will effectively expand the length of time to pay delinquent taxes in installments to thirty-six months.
Summary of specific provisions
Section 1 of the bill amends section 1184 of the real property tax law as it relates to increasing the maximum term of installment agreements from twenty-four months to thirty-six months.
Section 2 of the bill relates to the effective date.
Justification
This bill provides people who fall behind on payments with the time to fully pay their delinquent taxes. As it currently stands, the twenty- four month timeframe does not allow appropriate time for someone to catch up on payments after enduring a temporary financial hardship. This bill relieves this problem by extending the length of time to pay delin- quent taxes by a calendar year. This legislation is optional for coun- ties to adopt, and therefore non-intrusive to local governments.
Prior legislative history
A.1542 of 2017-18, A.7446 of 2015-16
Fiscal implications
To be determined.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.