Property Final / Adopted Rules

Documents on this page are provided in pdf format.

Finance issues rules of general application that interpret the laws that govern City tax administration. When the Department wishes to issue a new rule or amend a previously issued rule, the City Charter requires Finance to offer the proposed rule for public comment.

2023

• Adopted Amendments to the Rules for the Senior Citizen Rent Increase Exemption (“SCRIE”) and Disability Rent Increase Exemption (“DRIE”) Programs

2022

• Adopted Rule Amendment of Real Property Tax Abatement for Cooperative or Condominium Dwelling Units

2021

• Adopted Rule Amendments for the Senior Citizen Rent Increase Exemption (“SCRIE”) and Disability Rent Increase Exemption (“DRIE”) Programs
  Effective date for this rule amendment is June 13, 2021.

2020

• Adopted Rule Amendment to NYC Rules in relation to requiring owners to submit registration statements regarding ground floor and second floor commercial premises
  Effective date for this rule amendment is April 30, 2020
• Adopted Rule for Hardship Installment Payment Agreement for owners of certain types of real property
  Effective date for this rule amendment is April 16, 2020.

2019

• Adopted Rules relating to the Partial Tax Abatement for residential real property held in the cooperative or condominium form of ownership.
• Adopted amendment to rules concerning the Monetary Penalties for failing to file the Income and Expense Statement.

2018

• Adopted Rules for Real Property Tax Abatement of Major Capital Improvements for Certain Class 2 Properties

2017

• Adopted Rules Governing Mergers and Apportionments of Real Property Tax Lots
• Adopted amended rules requires Real Property Transfer Tax (RPTT) returns be electronically filed for Staten Island properties
• Adopted Rules sets forth the criteria for commercial and qualifying properties that are eligible for the Industrial and Commercial Abatement Program (“ICAP”)
• Adopted rules relating to the sale of tax liens in order to expand the list of extenuating circumstances
• Adopted Rule allows Senior Citizen Rent Increase Exemption and Disability Rent Increase Exemption participants to request additional time

2016

• Adopted Rules Governing the Administrative Correction of Real Estate Assessment Errors

2015

• Adopted Amendment to the Rules which would allow Senior Citizen Rent Increase Exemption and Disability Rent Increase Exemption Program Participants to file Renewal Applications Past Specified Deadline

2014

• Adopted Amendments to the Rules Relating to the Filing of Income and Expense Statements
• Adopted Amendments to the Rules for Property Tax Lien Sale Installment Agreements
• Adopted Amendments to Penalties for Failure to File Real Property Income and Expense (RPIE) Statements

2013

• Adopted Amendments to Rules Relating to Credit and Debit Card Fees
• Adopted Rules Relating to the Partial Tax Abatement for Cooperative or Condominium
• Adopted Rules Relating to the Rebate for Owners of Certain Real Property Seriously Damaged by Hurricane Sandy
• Adopted Rules Relating to Credit and Debit Card Fees

2012

• Adopted Rules Relating to the Filing of Income and Expense Statements

2011

• Adopted Rules Relating to the Foreclosure of Tax Liens by Action in Rem
• Adopted Rules Relating to the Sale of Tax Liens
• Adopted Rules Relating to Challenges to the Validity of Real Property Taxes

2010

• Adopted Rules Relating to the Office of the City Register
• Adopted Rules Relating to the Filing of Income and Expense Statements

2009

• Adopted Rules Relating to Refunds of Real Property Taxes
• Adopted Rules Relating to Revising Fees charged by the NYC Department of Finance

2008

• Adopted Rules Relating to the New York City Real Property Transfer Tax

2007

• Adopted Rules Relating to the Industrial and Commercial Incentive Program
• Adopted Rules Relating to the Filing of Income and Expense Statements
• Adopted Rules Relating to Qualification as a Responsible Bidder
• Adopted Rules Relating to the Filing of Real Property Transfer Tax

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Archived Property Final / Adopted Rules

Rule-Making Actions