New York City Council Header
File #: Int 0663-1999    Version: * Name: Sale of tax liens
Type: Introduction Status: Enacted
Committee: Committee on Finance
On agenda: 12/7/1999
Enactment date: 2/4/2000 Law number: 2000/003
Title: A Local Law to amend the administrative code of the city of New York, in relation to the sale of tax liens.
Sponsors: Herbert E. Berman, Pedro G. Espada, Michael C. Nelson, (in conjunction with the Mayor)
Attachments: 1. Fiscal Impact Statement
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
2/7/2000*Herbert E. Berman City Council Recved from Mayor by Council  Action details Meeting details Not available
2/4/2000*Herbert E. Berman Mayor Hearing Held by Mayor  Action details Meeting details Not available
2/4/2000*Herbert E. Berman Mayor Signed Into Law by Mayor  Action details Meeting details Not available
1/19/2000*Herbert E. Berman City Council Approved by CouncilPass Action details Meeting details Not available
1/19/2000*Herbert E. Berman City Council Sent to Mayor by Council  Action details Meeting details Not available
1/19/2000*Herbert E. Berman Committee on Finance Hearing Held by Committee  Action details Meeting details Not available
1/19/2000*Herbert E. Berman Committee on Finance Approved by CommitteePass Action details Meeting details Not available
12/7/1999*Herbert E. Berman Legislative Documents Unit Printed Item Laid on Desk  Action details Meeting details Not available
12/7/1999*Herbert E. Berman City Council Referred to Comm by Council  Action details Meeting details Not available
12/7/1999*Herbert E. Berman City Council Introduced by Council  Action details Meeting details Not available

Int. No. 663

 

By Council Members Berman, Espada and Nelson (in conjunction with the Mayor):

 

 

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.  The opening paragraph of subdivision b of section 11-319 of the administrative code of the city of New York, as amended by local law number 98 for the year 1997, is amended to read as follows:

                     b.  The commissioner of finance, on behalf of the city, may sell tax liens, either individually, in combinations, or in the aggregate, pursuant to the procedures provided herein.  The commissioner of finance shall establish the terms and conditions of a sale of a tax lien or tax liens.  [Enactment of the local law that added this sentence shall be deemed to constitute authorization by the council for the commissioner of finance to conduct a sale or sales of tax liens through and including December thirty-first, nineteen hundred ninety-nine.]  Enactment of the local law that added this sentence shall be deemed to constitute authorization by the council for the commissioner of finance to conduct a sale or sales of tax liens through and including July thirty-first, two thousand.  Subsequent to [December thirty-first, nineteen hundred ninety-nine] July thirty-first, two thousand, the city shall not have the authority to sell tax liens.

                     §2.                     This local law shall take effect immediately, provided, however, that if this local law shall have become a law subsequent to December 31, 1999, it shall be retroactive to and deemed to have been in full force and effect as of January 1, 2000.