{"data":{"id":"us-nyc/n.y.c.-admin.-code-l.l.-2003-038","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § L.L. 2003/038","heading":"L.L. 2003/038","body":"Enactment date: 6/12/2003\n\nInt. No. 457\n\nBy Council Members Weprin and Fidler (by request of the Mayor)\n\nA Local Law to amend the administrative code of the city of New York, in relation to increasing the rate of interest imposed on underpayments of the general corporation tax and banking corporation tax.\n\nBe it enacted by the Council as follows:\n\n* * *\n\n[Consolidated provisions are not included in this Appendix A]\n\n* * *\n\n§ 2. This local law shall take effect on July 1, 2003, and shall apply to the interest chargeable or due on taxes or on any other amounts, or any portion thereof, which remain or become due on or after such date. The interest rates set prior to amendment by this local law shall apply up to and including June 30, 2003, to the interest chargeable or due on taxes or on other amounts for which interest rates are set under this local law.","path":["New York City Administrative Code","2003"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"54a12d2f3b29521552c901ee492906d27696a2f9cf47a226a12eecf5c934d38f","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-l.l.-2003-035","next":"us-nyc/n.y.c.-admin.-code-l.l.-2003-039"},"notice":"GroundRules: Original legal text. Not legal advice."}