Bill > A04466

This bill modifies the Real Property Tax Law to create different rules for redeeming tax liens on farm property versus non-farm property. For non-farm property, tax liens must continue to be redeemed in reverse chronological order, meaning the most recent lien is paid first and the earliest lien is paid last. In contrast, for farm property, the bill requires liens to be redeemed in chronological order, so the earliest lien is paid first and the most recent lien is paid last. The bill also mandates that when a lien is redeemed, the receipt must include a warning statement informing the property owner that other liens remain outstanding and that continued failure to pay could result in property loss. Additionally, the bill specifies that the lack of such a warning statement on the receipt does not invalidate the tax lien or prevent its enforcement. The changes will take effect immediately and apply to all lien redemptions occurring on or after the effective date, providing a clear distinction in how tax liens are handled for farm and non-farm properties.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A4466