NY A06116 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Republican 14-0)
Status: Introduced on February 28 2019 - 25% progression, died in committee
Action: 2020-07-16 - held for consideration in real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 28 2019 - 25% progression, died in committee
Action: 2020-07-16 - held for consideration in real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Authorizes localities to convey distressed residential real property that has been foreclosed upon for non-payment of real estate taxes to a third party; establishes that third party may be an individual or for-profit or not-for-profit entity which would rehabilitate and manage such property, providing needed housing while restoring the property to the non-delinquent tax rolls; called "third party transfer program".
Title
Authorizes localities to convey distressed residential real property that has been foreclosed upon for non-payment of real estate taxes to a third party; establishes that third party may be an individual or for-profit or not-for-profit entity which would rehabilitate and manage such property, providing needed housing while restoring the property to the non-delinquent tax rolls; called "third party transfer program".
Sponsors
Roll Calls
2020-07-16 - Assembly - Assembly Real Property Taxation Committee: Held for Consideration (Y: 8 N: 2 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2020-07-16 | Assembly | held for consideration in real property taxation |
2020-01-08 | Assembly | referred to real property taxation |
2019-02-28 | Assembly | referred to real property taxation |