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
In committee: it can still change before the session ends.
- Stage
- In committee
- Sponsor
- 1
- Latest action
- Jun 5, 2026
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.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
Loading coverage…
Where it goes next
While a bill can still move, the questions are about people and money in New York.