Prohibits the sale of tax liens by a tax district in a city with a population of one million or more

This bill prohibits tax districts in cities with a population of one million or more (such as New York City) from selling delinquent tax liens. It amends state tax law and New York City's administrative code to ban all sales of these liens, whether to the state bond bank or private entities. The law directly affects tax collection agencies in large cities by eliminating a revenue source tied to unpaid property taxes. It takes effect January 1 following enactment.