A 10207 New York Assembly · 2025 Regular Session

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

Summary

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.

Bill status passed 3 of 5 stages cleared

Introduction

Feb 2026

Committee Review

Jun 2026

Assembly Passage

Jun 2026

Senate Passage

Governor

Introduced Feb 12, 2026 Last action Jun 4, 2026

Maddy AI version diff · 1 comparison

What changed between versions

A10207 → A10207A · 5 edits

MODERATE

The bill was amended to clarify that tax rounding occurs at the assessment stage before bills are issued, rather than at the point of payment by the taxpayer. Additionally, the effective date of the law was changed from immediate to January 1st of the following year, giving agencies time to adjust their systems.

Scope change

The scope of the rounding requirement was expanded to explicitly cover interest and penalties, ensuring they are also rounded before bills are sent out.

REQUIREMENT

Changed the section of the Real Property Tax Law being amended from Section 924 to Section 904.

Shifted the timing of the rounding requirement from the moment of payment to the moment the final assessment roll is extended and bills are issued.

Explicitly included interest and penalties in the rounding requirement, ensuring they are rounded before appearing on any bill or notice.

Added a prohibition preventing collecting officers from making further adjustments to tax amounts during collection based on the rounding.

TIMELINE

Changed the effective date from 'immediately' to 'January 1st of the year following the law's enactment'.

Floor votes · Assembly Apr 28, 2026

How they voted

136–0

Passed · 13 other

Total votes 149

Apr 28, 2026

D Democratic102

92 Yea 10

90% Yea

R Republican47

44 Yea 3

93% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jun 4, 2026

Committee

REFERRED TO RULES

upper

Jun 4, 2026

Lower · Passed

REPASSED ASSEMBLY

lower

May 29, 2026

Lower · Passed

AMENDED ON THIRD READING (T) 10207A

lower

Apr 28, 2026

Committee

REFERRED TO LOCAL GOVERNMENT

upper

Apr 28, 2026

Lower · Passed

PASSED ASSEMBLY

lower

Mar 24, 2026

Committee

REPORTED REFERRED TO WAYS AND MEANS

lower

Feb 12, 2026

Committee

REFERRED TO REAL PROPERTY TAXATION

lower

1 primary · 1 co-sponsor