Real Estate Taxes, Nonpayment Interest Rates
Communication from the New York City Banking Commission - Transmitting resolution recommending that the interest rate to be charged for non-payment of taxes on real property where the annual tax is not more than $2,750, be eighteen percent (18%) where the real property taxes are held in escrow and nine percent (9%) in all other such parcels.
Status
Filed
File ID
M 0272-1998
Introduced
6/4/1998
Committee
Committee on Finance
Bill History
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