N.Y. RPT Law § 1327 — New York Code / Act RPT / Article 13 / Section 1327
Payment of taxes in installments in city school districts by senior citizens and physically disabled persons
Status: in_force

§ 1327. Payment of taxes in installments in city school districts by\nsenior citizens and physically disabled persons.  1. Notwithstanding any\nof the provisions of this chapter, the school authorities of a city\nschool district may by resolution duly adopted prior to the annual tax\nlevy in any year determine that thereafter and until such action be\nrescinded by the school authorities, any taxes on real property which is\nused as the principal residence of and owned by one or more persons,\neither or both of whom have received an exemption pursuant to section\nfour hundred sixty-seven of this chapter related to such property,\nlevied by it upon real property situate within the school district may\nbe paid in installments, not exceeding six, on or before such days\nwithin the fiscal year for which such taxes are to be levied, as may be\nprescribed by such resolution. The last such day shall not be later than\nthe thirtieth day preceding the end of such fiscal year. Each\ninstallment shall be as nearly equal as possible. Any such resolution\nshall state the number of installments, not exceeding six, and the\nrespective dates upon which the taxes are to become payable. No\ninstallment may be paid unless all prior installments of current taxes,\nincluding interest, shall have been paid or shall be paid at the same\ntime.\n  2. The privilege of paying any such tax in installments, once granted\nand unless rescinded as set forth in this section, shall not be\nterminated solely because of the death of the older spouse so long as\nthe surviving spouse is at least sixty-two years of age.\n  3. Notwithstanding any of the provisions of this chapter, the school\nauthorities of a city school district may by resolution duly adopted\nprior to the annual tax levy in any year determine that thereafter and\nuntil such action be rescinded by the school authorities, any taxes on\nreal property which is used as the principal residence of and owned by\none or more persons, either or both of whom qualifies as physically\ndisabled pursuant to section four hundred fifty-nine of this chapter,\nlevied by it upon real property situate within the school district may\nbe paid in installments, not exceeding six, on or before such days\nwithin the fiscal year for which the taxes are to be levied, as may be\nprescribed by such resolution. The last such day shall not be later than\nthe thirtieth day preceding the end of such fiscal year. Each\ninstallment shall be as nearly equal as possible. Any such resolution\nshall state the number of installments, not exceeding six, and the\nrespective dates upon which the taxes are to become payable. No\ninstallment may be paid unless all prior installments of current taxes,\nincluding interest, shall have been paid or shall be paid at the same\ntime.\n  4. The privilege of paying any such tax in installments, once granted\nand unless rescinded as set forth in this section, shall not be\nterminated solely because of the death of the disabled spouse so long as\nthe surviving spouse has not remarried.\n