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A08687 Summary:

BILL NOA08687
 
SAME ASNo Same As
 
SPONSORNorber
 
COSPNSR
 
MLTSPNSR
 
Amd §3, Chap 280 of 2016
 
Extends the effectiveness of certain provisions relating to the authority of the village of Plandome Manor to enter into contracts to sell delinquent tax liens or to pledge such liens as collateral for a loan.
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A08687 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          8687
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                      May 29, 2025
                                       ___________
 
        Introduced by M. of A. NORBER -- read once and referred to the Committee
          on Local Governments
 
        AN  ACT to amend chapter 280 of the laws of 2016 authorizing the village
          of Plandome Manor to enter into a contract to sell or pledge as colla-
          teral for a loan some or all of the  delinquent  liens  held  by  such
          village  to  a private party or engage a private party to collect some
          or all of the delinquent tax liens held by  it,  in  relation  to  the
          effectiveness thereof
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 3 of chapter 280 of the laws  of  2016  authorizing
     2  the village of Plandome Manor to enter into a contract to sell or pledge
     3  as  collateral  for  a  loan some or all of the delinquent liens held by
     4  such village to a private party or engage a  private  party  to  collect
     5  some  or all of the delinquent tax liens held by it, as amended by chap-
     6  ter 284 of the laws of 2023, is amended to read as follows:
     7    § 3. This act shall take effect immediately and shall expire  December
     8  31,  [2025] 2028 when upon such date the provisions of this act shall be
     9  deemed repealed.
    10    § 2. This act shall take effect immediately.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13183-02-5
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