{"data":{"id":"us-ny/n.y.-real-property-tax-law-561","jurisdiction":"us-ny","citation":"N.Y. Real Property Tax Law § 561","heading":"Payments in lieu of taxes; change of assessment; effective date","body":"§ 561. Payments in lieu of taxes; change of assessment; effective\ndate. Notwithstanding any other provision of law, for any payment in\nlieu of taxes agreement entered into on or after the effective date of\nthis section, when the assessment of a property making payments in lieu\nof taxes is challenged through the grievance process, any reduction in\npayments in lieu of taxes made to a school district resulting from such\nchallenge shall not take effect until the following taxable status year.","path":["Real Property Tax Law","Article 5. Assessment Procedure","Title 4. Miscellaneous Provisions"],"source_url":"https://legislation.nysenate.gov/api/3/laws/RPT/561","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"806cc9f3f2b14e0740b00fb968423628fba2692d6bc32ddf331deddbd36abf5d","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-real-property-tax-law-560","next":"us-ny/n.y.-real-property-tax-law-561-a"},"notice":"GroundRules: Original legal text. Not legal advice."}