File #: M 0616-2003    Version: * Name: Interest rate to be charged for FY'04 for non-payment of taxes on real property.
Type: Communication Status: Adopted
Committee: Committee on Finance
On agenda: 6/5/2003
Enactment date: Law number:
Title: Communication from the New York City Banking Commission - Transmitting resolution recommending that the interest rate to be charged for Fiscal Year 2004 for non-payment of taxes on real property where the annual tax is not more than $2,750 or where the real property taxes are held in escrow and paid by a mortgage escrow agent be eighteen percent (18%), and nine percent (9%) in all other such parcels.
Attachments: 1. Committee Report, 2. Hearing Transcript, 3. Hearing Transcript - Stated Meeting 6/24