Shown verbatim: the complete text as captured from the official source posted by the New York State Senate, fetched 2026-08-11. Nothing is edited or removed. Where this bill amends existing law, language marked for deletion in the official source appears here in brackets. The official bill page.
S T A T E O F N E W Y O R K
________________________________________________________________________
741
2025-2026 Regular Sessions
I N S E N A T E
(PREFILED)
January 8, 2025
___________
Introduced by Sen. WEBB -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to amend the real property tax law, in relation to the payment of
real property and school district taxes in installments; and to amend
a chapter of the laws of 2024 amending the real property tax law
relating to the payment of real property and school district taxes in
installments, as proposed in legislative bills numbers S. 3604-A and
A. 7813-A, in relation to the effectiveness thereof
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subparagraph (xv) of paragraph (a) of subdivision 1 of
section 922 of the real property tax law, as added by a chapter of the
laws of 2024 amending the real property tax law relating to the payment
of real property and school district taxes in installments, as proposed
in legislative bills numbers S. 3604-A and A. 7813-A, is amended to read
as follows:
(xv) NOTWITHSTANDING ANY GENERAL, SPECIAL OR LOCAL LAW TO THE CONTRA-
RY, if [the owner has elected to pay] the taxes set forth in the state-
ment ARE PAYABLE in installments[, pursuant to this article,] SUCH
STATEMENT SHALL CLEARLY DISCLOSE the due dates for payment of such
[installment payments] INSTALLMENTS without interest or penalties.
§ 2. Subdivision 2 of section 974 of the real property tax law, as
amended by a chapter of the laws of 2024 amending the real property tax
law relating to the payment of real property and school district taxes
in installments, as proposed in legislative bills numbers S. 3604-A and
A. 7813-A, is amended to read as follows:
2. [a.] Such statement shall recite that such owner may elect, pursu-
ant to section nine hundred seventy-five of this [chapter] TITLE, to pay
the taxes set forth in the statement in installments, as provided in the
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02671-01-5
S. 741 2
local law enacted by the county pursuant to section nine hundred seven-
ty-two of this [chapter] TITLE.
[b. If the owner has elected to pay the taxes set forth in the state-
ment in installments, pursuant to this article,] IN ADDITION, SUCH
STATEMENT SHALL CLEARLY DISCLOSE the due dates for payment of such
[installment payments] INSTALLMENTS without interest and penalties
[shall be clearly disclosed on the statement outlined in subdivision one
of this section].
§ 3. Subdivision 2 of section 1338 of the real property tax law, as
amended by a chapter of the laws of 2024 amending the real property tax
law relating to the payment of real property and school district taxes
in installments, as proposed in legislative bills numbers S. 3604-A and
A. 7813-A, is amended to read as follows:
2. [a.] Such statement shall recite that such owner may elect, pursu-
ant to section thirteen hundred forty of this [chapter] ARTICLE, to pay
the taxes set forth in the statement in installments as provided in the
local law enacted by the county pursuant to section nine hundred seven-
ty-two of this chapter.
[b. If the owner has elected to pay the taxes set forth in the state-
ment in installments, pursuant to this article,] IN ADDITION, SUCH
STATEMENT SHALL CLEARLY DISCLOSE the due dates for payment of such
[installment payments] INSTALLMENTS without interest and penalties
[shall be clearly disclosed on the statement outlined in subdivision one
of this section].
§ 4. Section 4 of a chapter of the laws of 2024 amending the real
property tax law relating to the payment of real property and school
district taxes in installments, as proposed in legislative bills numbers
S. 3604-A and A. 7813-A, is amended to read as follows:
§ 4. This act shall take effect [immediately] ON THE ONE HUNDRED TWEN-
TIETH DAY AFTER IT SHALL HAVE BECOME A LAW.
§ 5. This act shall take effect immediately and shall be deemed to
have been in full force and effect on and after September 27, 2024;
provided however, that sections one, two and three of this act shall
take effect on the same date and in the same manner as a chapter of the
laws of 2024 amending the real property tax law relating to the payment
of real property and school district taxes in installments, as proposed
in legislative bills numbers S. 3604-A and A. 7813-A.Every fact on this page links to its source, starting with the official bill record.