States / New York / A 7497

A 7497 In Committee

Modifies provisions for the payment of delinquent taxes by permitting any person or entity to lend money to the taxpayer and pay the taxing jurisdiction; repealer

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Modifies provisions for the payment of delinquent taxes by permitting any person or entity to lend the money to the property owner therefor, with the lender to pay the taxing jurisdiction and receive a conditional tax receipt; requires recording of tax liens; provides for foreclosure of a conditional tax receipt like a mortgage.

Chamber
House
Introduced
Mar 28, 2025
Last action
Jan 7, 2026 — REFERRED TO REAL PROPERTY TAXATION
Session
2025-2026
Momentum
27 · Low