N.Y. Real Property Tax Law § 924-b: Waiver of interest or penalties or other charges on brownfield properties

§ 924-b. Waiver of interest or penalties or other charges on

brownfield properties. Notwithstanding any provision of law to the

contrary, the governing body of any tax district shall be authorized, by

resolution, to permit the enforcing officer to effect the cancellation

in whole or in part of any interest, penalties or other charges on real

property where such real property is subject to a brownfield site

clean-up agreement entered into by a volunteer pursuant to section

27-1409 of the environmental conservation law. Provided, however, that

in cases where such interest, penalties, or other charges, if collected

by a tax district, belong to a municipal corporation within such tax

district, no reduction or remission in whole or in part of such

interest, penalties, or other charges shall be made without the consent

of the municipal corporation affected, which consent may be given by

resolution adopted after a public hearing. Failure of such real property

to receive a certificate of completion pursuant to section 27-1419 of

the environmental conservation law or revocation of such certificate

shall be grounds for revocation of any waiver of interest, penalties, or

charges granted pursuant to this section.