Authorizes the village of Bloomingburg to enter into a contract to sell or pledge as collateral for a loan some or all of the delinquent liens held by such city to a private party or engage a private party.
Impact
The impact on state laws includes a significant change in the way tax liens can be sold or utilized within the village's jurisdiction. By permitting the sale of delinquent tax liens, the bill aims to create a more streamlined approach to managing tax liabilities. The legislation entails specific conditions, such as providing property owners with a 30-day notice before any sale, which aims to protect the rights of taxpayers while ensuring the village can recover owed taxes efficiently.
Summary
Bill A08793 authorizes the village of Bloomingburg to contract for the sale or pledging of delinquent tax liens to a private party. This legislation represents a shift in how local governments can manage their tax collection processes and delinquent accounts by allowing them to leverage these liens as financial assets. Under this bill, the village can decide to either sell the liens or engage a private entity to collect them, which could enhance its revenue flow and improve tax compliance among property owners.
Contention
Notably, there may be contention surrounding the implications for property owners facing tax delinquencies. Critics might argue that the privatization of tax collection could lead to aggressive collection practices and increased financial burdens on property owners. Additionally, there are concerns about the transparency and accountability of private entities handling public tax collections. The balance between effective revenue recovery for the village and the fair treatment of residents is likely to be a point of discussion among stakeholders as the bill advances.
Same As
Authorizes the village of Bloomingburg to enter into a contract to sell or pledge as collateral for a loan some or all of the delinquent liens held by such city to a private party or engage a private party.
Extends the effectiveness of certain provisions relating to the authority of the village of Plandome Manor to enter into contracts to sell delinquent tax liens or to pledge such liens as collateral for a loan.
Extends the effectiveness of certain provisions relating to the authority of the village of Plandome Manor to enter into contracts to sell delinquent tax liens or to pledge such liens as collateral for a loan.
Relates to the sale of privately held wines and liquors; allows 48 auctions of wine and/or liquor during the period a wine and liquor auction permit is in effect.
Allows for justices to reside in any town, village or city contained in whole or in part within the same assembly district as the court such justice serves.
Enacts the "private well testing act"; authorizes the department of health to promulgate rules and regulations to establish standards for the testing of drinking water from privately owned wells.
Enacts the "private well testing act"; authorizes the department of health to promulgate rules and regulations to establish standards for the testing of drinking water from privately owned wells.
Relates to requiring the New York city housing authority to contract with non-profit private entities when qualifying for certain programs; requires the New York city housing authority to contract with a non-profit private entity when converting property to Section 8 units in order to qualify for any program that allows such private entity to renovate, repair, maintain and/or operate such New York city housing authority property.
Authorizes the village of Bloomingburg to enter into a contract to sell or pledge as collateral for a loan some or all of the delinquent liens held by such city to a private party or engage a private party.