S9541 • 2025

Requires that tax amounts extended on the final assessment roll, and any interest or penalties subsequently accruing thereon, be rounded to the nearest five-cent denomination

Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: James Skoufis
Last action: 2026-06-05
Official status: In Senate Committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Requires that tax amounts extended on the final assessment roll, and any interest or penalties subsequently accruing thereon, be rounded to the nearest five-cent denomination

Requires that tax amounts extended on the final assessment roll, and any interest or penalties subsequently accruing thereon, be rounded to the nearest five-cent denomination Requires that tax amounts extended on the final assessment roll, and any interest or penalties subsequently accruing thereon, be rounded to the nearest five-cent denomination prior to inclusion on any bill or notice.

What This Bill Does

Requires that tax amounts extended on the final assessment roll, and any interest or penalties subsequently accruing thereon, be rounded to the nearest five-cent denomination Requires that tax amounts extended on the final assessment roll, and any interest or penalties subsequently accruing thereon, be rounded to the nearest five-cent denomination prior to inclusion on any bill or notice.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-06-05 Senate
RECOMMITTED TO RULES
2026-06-01 Senate
AMENDED ON THIRD READING (T) 9541A
2026-05-28 Senate
COMMITTEE DISCHARGED AND COMMITTED TO RULES
2026-05-28 Senate
ORDERED TO THIRD READING CAL.1408
2026-03-23 Senate
REFERRED TO LOCAL GOVERNMENT

Official Summary Text

Requires that tax amounts extended on the final assessment roll, and any interest or penalties subsequently accruing thereon, be rounded to the nearest five-cent denomination
Requires that tax amounts extended on the final assessment roll, and any interest or penalties subsequently accruing thereon, be rounded to the nearest five-cent denomination prior to inclusion on any bill or notice.

Current Bill Text

Read the full stored bill text

S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          9541

                                    I N  S E N A T E

                                     March 23, 2026
                                       ___________

        Introduced  by  Sen. SKOUFIS -- read twice and ordered printed, and when
          printed to be committed to the Committee on Local Government

        AN ACT to amend the real property tax law, in relation  to  requiring  a
          collecting  officer  of taxes to accept payments of tax, including any
          interest due thereon, rounded to the nearest five cent denomination

          THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section  1.  Section  924  of  the real property tax law is amended by
     2  adding a new subdivision 4 to read as follows:
     3    4. (A) NOTWITHSTANDING ANY PROVISION  OF  LAW  TO  THE  CONTRARY,  THE
     4  COLLECTING  OFFICER SHALL ACCEPT AS PAYMENT OF TAXES AND INTEREST PURSU-
     5  ANT TO THIS SECTION AN AMOUNT THAT IS ROUNDED UP OR DOWN TO THE  NEAREST
     6  FIVE CENTS AS FOLLOWS:
     7    (I)  WHERE THE AMOUNT OF TAX, INCLUDING ANY INTEREST DUE THEREON, ENDS
     8  IN ONE CENT, TWO CENTS, SIX CENTS, OR SEVEN CENTS, SUCH AMOUNT SHALL  BE
     9  ROUNDED DOWN TO THE NEAREST AMOUNT DIVISIBLE BY FIVE FOR TAXPAYERS SEEK-
    10  ING TO PAY THEREFOR WITH LEGAL TENDER.
    11    (II) WHERE THE AMOUNT OF TAX, INCLUDING ANY INTEREST DUE THEREON, ENDS
    12  IN THREE CENTS, FOUR CENTS, EIGHT CENTS, OR NINE CENTS SUCH AMOUNT SHALL
    13  BE  ROUNDED  UP  TO  THE  NEAREST AMOUNT DIVISIBLE BY FIVE FOR TAXPAYERS
    14  SEEKING TO PAY THEREFOR WITH LEGAL TENDER.
    15    (B) AS USED IN THIS SUBDIVISION, THE TERM "LEGAL  TENDER"  SHALL  MEAN
    16  ALL COINS AND CURRENCIES OF THE UNITED STATES.
    17    § 2. This act shall take effect immediately.




         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14550-01-6