New York 2025-2026 Regular Session

New York Assembly Bill A09116

Introduced
9/26/25  

Caption

Relates to the collection of monies owed for unpaid real property tax liens and water and sewer charges; establishes the homeowner protection fund; prohibits municipalities from conveying tax liens on real property to any private entity, trust, or third-party servicer; repeals certain provisions relating to foreclosure of real property tax liens.

Impact

The bill aims to transform the current framework governing property tax liens by banning any such sales to private trusts or third-party servicers. Municipalities, particularly those in New York City, would no longer be authorized to convey tax liens, and those existing authorities would be revoked. Furthermore, any future attempts to authorize such sales would require a two-thirds majority vote from the state legislature. This approach is expected to ensure that property tax collection is managed more equitably and responsibly, fostering a protective environment for vulnerable homeowners.

Summary

Bill A09116, known as the 'Community Wealth and Homeownership Protection Act', seeks to amend existing real property tax laws to eliminate the sale of property tax liens to private entities. This legislation has been introduced amid concerns over how such sales disproportionately affect low-income, elderly, and minority communities, resulting in loss of homes and the erosion of generational wealth. The bill clearly states the legislative intent to affirm the state's commitment to equitable taxation and community stability by protecting homeowners from these adverse impacts.

Contention

While the intent of A09116 is largely seen as a positive step toward protecting marginalized homeowners, there may be opposition from various stakeholders including municipal governments who rely on the sale of tax liens as a revenue-generating mechanism. Critics of the bill argue that eliminating these sales may limit municipalities' ability to recover unpaid taxes effectively, potentially leading to revenue shortfalls. Thus, there may be a need for an alternative strategy for tax collection that satisfies both the need for municipal revenue and the protection of homeowner rights.

Companion Bills

No companion bills found.

Previously Filed As

NY A04702

Establishes provisions for real property tax lien transfers to assist homeowners facing foreclosure based on unpaid taxes; repeals existing provisions relating to acceptance of taxes from certain loan corporations.

NY A04935

Relates to tax lien foreclosure; establishes senior, disabled, and veteran homeowner real property tax assistance program; establishes installment plans for certain real property taxes.

NY S05213

Relates to tax lien foreclosure; establishes senior, disabled, and veteran homeowner real property tax assistance program; establishes installment plans for certain real property taxes.

NY S08512

Relates to protections for homeowners in the event of tax lien foreclosure; establishes notice and hearing requirements and a homeowners bill of rights.

NY A00846

Repeals provisions granting real property tax exemption to certain entities.

NY A01894

Relates to tax exemptions for community land trusts and income-restricted homeownership property.

NY A00248

Authorizes municipalities to treat unpaid fines for building code and fire code violations as unpaid real property taxes and to impose a tax lien therefor.

NY S04514

Authorizes municipalities to treat unpaid fines for building code and fire code violations as unpaid real property taxes and to impose a tax lien therefor.

NY S07549

Establishes a temporary in rem foreclosure moratorium to prohibit tax districts from foreclosing on real property for delinquent taxes.

NY A07763

Establishes a temporary in rem foreclosure moratorium to prohibit tax districts from foreclosing on real property for delinquent taxes.

Similar Bills

CA AB2013

Property taxation: new construction: damaged or destroyed property.

CA AB1500

Property taxation: application of base year value: disaster relief.

CA AB245

Property taxation: application of base year value: disaster relief.

DC B25-0486

Uniform Community Property Disposition at Death Act of 2023

CA SB603

Property taxation: transfer of base year value: disaster relief.

CA SB964

Property tax: tax-defaulted property sales.

CA SB1091

Property taxation: transfer of base year value: disaster relief.

HI HB1398

Relating To Property.