L.L. 1996/037

Enactment date: 5/14/1996

Int. No. 679-A

By Council Members Spigner, Fields, Henry and White (by the request of the Mayor)

A Local Law to amend the administrative code of the city of New York, in relation to tax lien foreclosure by action in rem

Be it enacted by the Council as follows:

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[Consolidated provisions are not included in this Appendix A]

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§ 18. This local law shall take effect immediately and shall apply retroactively to all in rem proceedings pending on the effective date of this local law, provided, however, that sections six, eight, ten, eleven and sixteen of this local law shall take effect on the thirtieth day after it shall have become a law, and shall apply to installment agreements made, executed and filed on and after such thirtieth day, provided, further, however, that subdivision c of section 11-401.1 and subdivision j of section 11-412.1 of the administrative code of the city of New York, as added by sections three and thirteen, respectively, of this local law, shall take effect on the three hundred sixty-fifth day after it shall have become a law and provided, further, however, that this local law shall not apply to any sale of tax liens occurring in fiscal year 1996, unless this local law takes effect on or before May 5, 1996, provided further, however, that if this local law takes effect on or before May 5, 1996, the commissioner of finance may submit to the commissioner of housing preservation and development the information required by subdivision a of section 11-401.1 of the administrative code of the city of New York, as added by section three of this local law, less than 60 days preceding the date of the sale of a tax lien or tax liens.