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S08201 Summary:

BILL NOS08201A
 
SAME ASSAME AS A08687
 
SPONSORMARTINS
 
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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S08201 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         8201--A
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                      May 20, 2025
                                       ___________
 
        Introduced  by  Sen. MARTINS -- read twice and ordered printed, and when
          printed to be committed  to  the  Committee  on  Local  Government  --
          committee  discharged,  bill amended, ordered reprinted as amended and
          recommitted to said committee
 
        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     9  deemed repealed.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.
                                                                   LBD13183-03-5
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