New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: June 5, 2026.
Allows municipalities to cancel any interest and penalties on delinquent property tax payments due to extraordinary circumstances, financial hardship or a history of previous timely payment of property taxes.
Allows municipalities to cancel any interest and penalties on delinquent property tax payments where a property owner demonstrates extraordinary circumstances, financial hardship or a history of previous timely payment of property taxes; authorizes the commissioner of taxation and finance to promulgate rules and regulations for the application process, standards for documentation and guidance for enforcing officers.
| Date | Event | Detail |
|---|---|---|
| 2026-06-05 | Introduced | Bill introduced |
| 2026-06-05 | Status | in_committee |
| 2026-06-05 | Latest Action | In Assembly Committee |