Vote: Approved by Committee
Committee on FinanceJan 29, 2026Result: passed
Local law · Int 1407-2025
A Local Law to amend the administrative code of the city of New York, in relation to the sale of tax liens
The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.
New York City Council
Sponsor
Adrienne E. Adams
Currently, the City has authority to sell tax liens through 2028 pursuant to methods authorized in the administrative code. This bill would amend the administrative code to authorize the City to sell tax liens to a New York city land bank through a negotiated sale, and would not provide an expiration date for such authority. Additionally, this bill would require the commissioner of finance to include in the terms and conditions of any sale of tax liens the term and condition that no purchaser of a tax lien may foreclose upon a lien on class one residential real property occupied by the owner as a primary resident until 1 year has passed after the date of sale and the value of the lien reaches the lesser amount of 15% of the property value or $70,000, as well as the term and condition that every purchaser shall regularly send bills of the amount due on the lien and other pertinent information to the property owner.
Summary from NYC Council (Legistar). How we handle summaries
From the NYC Council's legislative record (Legistar) and official rosters. This record was last updated Aug 1, 2026. About our data
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Became law over a veto.
Committee on Finance
Sandy Nurse, Justin L. Brannan and 12 others
Cosponsors in the order the New York City Council lists them.
Party is shown for the 13 cosponsors who are on Agora.
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Committee on FinanceJan 29, 2026Result: passed
NYC CouncilJan 29, 2026Result: passed
NYC CouncilDec 18, 2025Result: passed
Committee on FinanceDec 18, 2025Result: passed
Committee vote
A motion was made that this Introduction be Approved by Committee approved by Roll Call.
Committee on Finance
A Motion Was Made That This Introduction be Approved by Council Approved by Roll Call.
A motion was made that this Introduction be Approved by Council approved by Roll Call.
NYC Council
Hearing held
This Introduction was Hearing Held by Committee
Committee on Finance
Vetoed
This Introduction was Vetoed by Mayor
Mayor
Passed a chamber
A motion was made that this Introduction be Approved by Council approved by Roll Call.
NYC Council
Amended
This Introduction was Amended by Committee
Committee on Finance
This Introduction Was Amendment Proposed by Comm
This Introduction was Amendment Proposed by Comm
Committee on Finance
Committee vote
This Introduction was Approved by Committee
Committee on Finance
Hearing held
This Introduction was Hearing Held by Committee
Committee on Finance
Sent to the executive
This Introduction was Sent to Mayor by Council
NYC Council
Hearing held
This Introduction was Hearing Held by Committee
Committee on Finance
Held over
This Introduction was Laid Over by Committee
Committee on Finance
Introduced
This Introduction was Introduced by Council
NYC Council
Referred to committee
This Introduction was Referred to Comm by Council to the Committee on Finance
NYC Council