Int. No. 783
By Council Members Nurse, Ossé, Hudson, Narcisse, Sanchez, Avilés, Krishnan, Won, Gutiérrez, Williams, Brewer, Joseph, Abreu, Salaam, Schulman and Ayala (in conjunction with the Brooklyn Borough President)
A Local Law to amend the administrative code of the city of New York, in relation to the public recording of tax liens
Be it enacted by the Council as follows:
Section 1. Subdivision a of section 11-320 of the administrative code of the city of New York is amended to add a new paragraph 3 to read as follows:
3. The commissioner of finance shall record in the Automated City Register Information System database, or successor database, the tax lien on property in the city according to its borough, block, and lot identifier, once the lawful debt on the property exceeds five thousand dollars past due for a period of more than three years. Any failure to comply with this paragraph shall not affect the validity of any sale of tax liens pursuant to this chapter.
§ 2. This local law takes effect immediately.
MJT
LS #12139
9/6/23 10:39 A.M.