Bill > S05717

This bill modifies the Real Property Tax Law to change how unpaid school taxes are handled by county treasurers and the state comptroller. Currently, county treasurers pay the full amount of returned unpaid school taxes to the school district. Under the proposed change, the county treasurer will now pay only fifty percent of the returned unpaid school taxes, with the state comptroller paying the other fifty percent. Furthermore, the county treasurer will be required to repay the state comptroller over the subsequent eleven months, making monthly payments of one-eleventh of the state's initial contribution, ensuring the state is fully reimbursed by March first of the following year. This approach effectively splits the financial burden of unpaid school taxes between the county and state, and establishes a structured repayment plan for the county treasurer.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S5717