New York City Council Header
File #: Res 1378-2012    Version: * Name: Establish that the discount percentage for early payment of real estate taxes be set at 1.0% per annum for FY'13.
Type: Resolution Status: Adopted
Committee: Committee on Finance
On agenda: 6/13/2012
Enactment date: Law number:
Title: Resolution to establish that the discount percentage for early payment of real estate taxes be set at one percent (1.0%) per annum for Fiscal Year 2013.
Sponsors: Domenic M. Recchia, Jr., Peter A. Koo
Council Member Sponsors: 2
Attachments: 1. Committee Report, 2. Hearing Transcript, 3. Hearing Transcript - Stated Meeting 6-13-12
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
6/13/2012*Domenic M. Recchia, Jr. City Council Approved, by CouncilPass Action details Meeting details Not available
6/13/2012*Domenic M. Recchia, Jr. City Council Introduced by Council  Action details Meeting details Not available
6/13/2012*Domenic M. Recchia, Jr. City Council Referred to Comm by Council  Action details Meeting details Not available
6/13/2012*Domenic M. Recchia, Jr. Committee on Finance Hearing on P-C Item by Comm  Action details Meeting details Not available
6/13/2012*Domenic M. Recchia, Jr. Committee on Finance P-C Item Approved by CommPass Action details Meeting details Not available
Preconsidered Res. No. 1378
 
Resolution to establish that the discount percentage for early payment of real estate taxes be set at one percent (1.0%) per annum for Fiscal Year 2013.
 
By Council Members Recchia and Koo
      Whereas, Section 1519-a(7)(c) of the New York City charter provides that the Council may adopt a discount percentage for early payment of real estate taxes on the fifth day of June preceding such ensuing fiscal year, or at any time thereafter; and
Whereas, This Resolution, dated June 13, 2012, provides that the discount percentage for early payment of real estate taxes shall be set at one percent (1.0%) per annum for Fiscal Year 2013; now, therefore, be it
Resolved, That the Council of the City of New York establishes that the discount percentage for early payment of real estate taxes be set at one percent (1.0%) per annum for Fiscal Year 2013.