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S 7922 New York Senate · 2025 Regular Session

Relates to limitations on interest on taxes imposed by cities with a population of one million or more

Summary
Provides that no interest shall accrue on taxes imposed by a city with a population of one million or more unless a tax appeals tribunal shall have made a determination within one year from the date a petition is filed.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill prevents interest accrual on city taxes for large populations, providing tax relief to taxpayers by reducing their financial burden on unpaid taxes.90% confidence
Sub-Topics: Tax Incentives
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 14, 2025 Last action Jan 7, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
upper
May 14, 2025
Committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Andrew Gounardes
Andrew Gounardes
DDemocratic
NY
26