New York Assembly Bill 11584: Allows municipalities to cancel any interest and penalties on delinquent property tax payments due to extraordinary circumstances, financial hardship or a history of previous timely payment of property taxes

New York · 2025-2026 session

Status: In committee

What it does

Allows municipalities to cancel any interest and penalties on delinquent property tax payments where a property owner demonstrates extraordinary circumstances, financial hardship or a history of previous timely payment of property taxes; authorizes the commissioner of taxation and finance to promulgate rules and regulations for the application process, standards for documentation and guidance for enforcing officers.

Latest action

REFERRED TO REAL PROPERTY TAXATION (2026-06-05)

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