New York Laws
Title 14 - Brownfield Cleanup Program
27-1433 - Waiver of Interest or Penalties or Other Charges on Brownfield Properties.

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 the brownfield site clean-up agreement
entered into by a volunteer pursuant to section 27-1409 of this title.
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 this title or revocation of such certificate shall be
grounds for revocation of any waiver of interest, penalties, or charges
granted pursuant to this section.