New York City Council Header
File #: Int 0187-2006    Version: * Name: Sale of tax liens.
Type: Introduction Status: Enacted
Committee: Committee on Finance
On agenda: 3/1/2006
Enactment date: 3/14/2006 Law number: 2006/002
Title: A Local Law to amend the administrative code of the city of New York, in relation to the sale of tax liens.
Sponsors: David I. Weprin, (by request of the Mayor)
Council Member Sponsors: 2
Attachments: 1. Committee Report, 2. Fiscal Impact Statement, 3. Local Law, 4. Hearing Transcript, 5. Hearing Transcript - Stated Meeting 3/1/06
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
3/16/2006*David I. Weprin City Council Recved from Mayor by Council  Action details Meeting details Not available
3/14/2006*David I. Weprin Mayor Signed Into Law by Mayor  Action details Meeting details Not available
3/14/2006*David I. Weprin Mayor Hearing Held by Mayor  Action details Meeting details Not available
3/1/2006*David I. Weprin City Council Sent to Mayor by Council  Action details Meeting details Not available
3/1/2006*David I. Weprin City Council Approved by CouncilPass Action details Meeting details Not available
3/1/2006*David I. Weprin City Council Referred to Comm by Council  Action details Meeting details Not available
3/1/2006*David I. Weprin City Council Introduced by Council  Action details Meeting details Not available
3/1/2006*David I. Weprin Committee on Finance Hearing on P-C Item by Comm  Action details Meeting details Not available
3/1/2006*David I. Weprin Committee on Finance P-C Item Approved by CommPass Action details Meeting details Not available
Int. No. 187
 
By Council Member Weprin (by request of 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 4 for the year 2004, is amended to read as follows:
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 March first, two thousand six.] 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 August thirty-first, two thousand six. Subsequent to [March first, two thousand six] August thirty-first, two thousand six, the city shall not have the authority to sell tax liens.
ยง2. This local law shall take effect immediately, except that if it shall have become a law after March 2, 2006, it shall be retroactive to and deemed to have been in full force and effect as of March 2, 2006.