Permits the city of Yonkers to establish a surcharge for vacant and abandoned property

This bill authorizes the city of Yonkers to impose a special tax surcharge on vacant and abandoned properties. The surcharge can be set at up to two times the standard property tax, meaning the total tax owed on such properties could reach three times the normal rate. To be subject to this fee, a property must be officially designated as vacant or abandoned based on criteria like lack of occupancy, court orders, or owner statements, while excluding homes under active renovation or occupied by family members. The city's finance department will handle the designation process, providing owners with notice and an opportunity to appeal the decision before the tax is applied.