N.Y. Real Property Tax Law § 1432: Collection of taxes; interest

§ 1432. Collection of taxes; interest. 1. The treasurer shall receive

taxes at the time and place specified in the notice of receipt of the

tax roll and warrant. After the first day of July or after the thirtieth

day following the date of the receipt of the tax roll and warrant

pursuant to section fourteen hundred twenty-eight of this title,

whichever is later, or such other date as may be applicable pursuant to

section 5-510 or section 17-1729 of the village law, the treasurer shall

proceed to collect the taxes remaining unpaid with interest as herein

provided, but without any other fee or charge and for that purpose he

shall have all the powers of a town collecting officer. All interest

collected shall belong to the village.

2. On all taxes remaining unpaid after July first or after the

thirtieth day following the date of the receipt of the tax roll and

warrant pursuant to section fourteen hundred twenty-eight of this title,

whichever is later, or such other dates as may be applicable pursuant to

section 5-510 or section 17-1729 of the village law, interest of five

per centum shall be added for the month of July or fraction thereof or

such other month as may be applicable, and an additional amount of

interest at the rate as determined pursuant to section nine hundred

twenty-four-a of this chapter for each month and fraction thereof

thereafter until paid. In villages in the county of Westchester, the

board of trustees may by resolution provide that on all taxes remaining

unpaid after July first or after the thirtieth day following the date of

the receipt of the tax roll and warrant pursuant to section fourteen

hundred twenty-eight of this title, whichever is later, or such other

date as may be applicable pursuant to section 5-510 or section 17-1729

of the village law, two per centum will be added for the month of July

or such other month as may be applicable, and an additional one per

centum for each month and fraction thereof until paid.