New York authorizes a 4-month property tax amnesty program forgiving interest on delinquent tax bills if full payment is made.

New York authorizes the commissioner of finance to establish a property tax amnesty program. It lasts for 4 months and forgives up to $1,000 of interest on delinquent tax bills if the full principal is paid. Property owners with balances under $1,000 are not eligible. Those with remaining balances after the program must enter a payment agreement with the commissioner. The act takes effect immediately and expires one year later.

New York authorizes a 4-month property tax amnesty program forgiving interest on delinquent tax bills if full payment is made.

New York authorizes the commissioner of finance to establish a property tax amnesty program. It lasts for 4 months and forgives up to $1,000 of interest on delinquent tax bills if the full principal is paid. Property owners with balances under $1,000 are not eligible. Those with remaining balances after the program must enter a payment agreement with the commissioner. The act takes effect immediately and expires one year later.