Require Annual Reporting on Long-Overdue Property Tax Liens
Enacted on Jul 31, 2026Signed into law by the Mayor.
Signed into Law
Local Law 2026/064
✦ Plain-Language Summary
This law requires the city's Finance Department to publish a yearly report on properties with tax liens that have gone unpaid for 3 or more years. The report must be shared publicly online and with city agencies that handle property enforcement. This helps the city better track neglected properties and take action to address them before they become bigger problems for neighborhoods.
Details
- Introduced
- Oct 9, 2025
- Passed Council
- Jan 29, 2026
- Enacted
- Jan 29, 2026
- Body
- Committee on Finance
- Type
- Introduction
- Status
- Enacted
Official Description
This bill would require the commissioner of finance to submit to the council and post online an annual report on properties encumbered by chronically unresolved tax liens—defined as tax liens that remain unsatisfied for 36 months or more after being sold. In connection with the required annual report, this bill would require the commissioner of finance to provide annually a list of such properties to heads of agencies charged with property-related enforcement.