New York City Council Header
File #: Int 0655-2015    Version: * Name: Sale of tax liens.
Type: Introduction Status: Enacted
Committee: Committee on Finance
On agenda: 2/12/2015
Enactment date: 3/3/2015 Law number: 2015/020
Title: A Local Law to amend the administrative code of the city of New York, in relation to the sale of tax liens.
Sponsors: Julissa Ferreras-Copeland, David G. Greenfield, Deborah L. Rose
Council Member Sponsors: 3
Summary: On January 22, 2015, the City Council adopted legislation Local Law 14 that would among other things, create a Temporary Taskforce to examine the authority of the commissioner of finance to sell tax liens as an effective enforcement tool to collect debt owed to the city, and ensure proper mechanisms and protections are established to decrease the necessity for the use of such tool. The Task Force will also be required to submit a report about their conclusions and recommendations in examining the tax lien sale process. Local Law 14 required the Mayor to appoint 5 members, and the Council to appoint 5 members each to the Board. The legislation also required such appointments to be made within 60 days after the enactment of the local law. Int. 655 would change the date of appointment of the board members from no later than 60 days after enactment of the local law to no later than August 1, 2015. This legislation would also clarify that the Speaker can appoint any individual to the board that is an employee of the Council.
Attachments: 1. Summary of Int. No. 655, 2. Committee Report, 3. Hearing Transcript, 4. Fiscal Impact Statement, 5. Hearing Transcript - Stated Meeting 2-12-15, 6. Mayor's Letter, 7. Local Law 20, 8. Minutes of the Stated Meeting - February 12, 2015
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
3/3/2015*Julissa Ferreras-Copeland City Council Recved from Mayor by Council  Action details Meeting details Not available
3/3/2015*Julissa Ferreras-Copeland Mayor Signed Into Law by Mayor  Action details Meeting details Not available
3/3/2015*Julissa Ferreras-Copeland Mayor Hearing Held by Mayor  Action details Meeting details Not available
2/12/2015*Julissa Ferreras-Copeland City Council Sent to Mayor by Council  Action details Meeting details Not available
2/12/2015*Julissa Ferreras-Copeland City Council Approved by CouncilPass Action details Meeting details Not available
2/12/2015*Julissa Ferreras-Copeland City Council Referred to Comm by Council  Action details Meeting details Not available
2/12/2015*Julissa Ferreras-Copeland City Council Introduced by Council  Action details Meeting details Not available
2/12/2015*Julissa Ferreras-Copeland Committee on Finance Hearing on P-C Item by Comm  Action details Meeting details Not available
2/12/2015*Julissa Ferreras-Copeland Committee on Finance P-C Item Approved by CommPass Action details Meeting details Not available
Preconsidered Int. No. 655
 
By Council Members Ferreras, Greenfield and Rose
 
 
A Local Law to amend the administrative code of the city of New York, in relation to the sale of tax liens.
 
 
Be it enacted by the Council as follows:
 
Section 1.  Subdivision b of section 11-356 of the administrative code of the city of New York is amended to read as follows:
b. The task force shall consist of ten members, as follows: the commissioner of environmental protection or his or her designee, the director of management and budget or his or her designee, the commissioner of housing preservation and development or his or her designee, the commissioner of finance or his or her designee, one member appointed by the mayor and five [council] members appointed by the speaker of the council.  Any [council] member appointed by the speaker of the council may name a designee, provided that such designee shall be an employee of the council. Members shall serve without compensation. The members of the task force shall be appointed [within sixty days of the effective date of the local law that added this section] no later than August first, two thousand fifteen. The chairperson shall be elected from among the members. Any vacancy shall be filled in the same manner as the original appointment for the remainder of the unexpired term. The director of management and budget, and the commissioners of finance, environmental protection, and housing preservation and development may provide staff to assist the task force in the execution of its duties pursuant to this section.  Members of the task force shall serve until the opening paragraph of subdivision b of section 11-319 of this chapter authorizes the commissioner of finance to conduct a sale or sales of tax liens after December thirty-first, two thousand sixteen, or the task force submits a report to the mayor and the council pursuant to subdivision d of this section, whichever is sooner, after which time such temporary task force shall cease to exist.
           ยง 2. This local law shall take effect on the same date as a local law of the city of New York for the year 2015 amending the administrative code of the city of New York relating to the sale of tax liens, as proposed in introduction number 612, takes effect.
 
TE 1-28-15
LS# 4010