New York § 92 - 92Real estate tax for debt service

Full text of New York New York Consolidated Laws § 92 — 92Real estate tax for debt service, with citation guidance and answers to common questions.

§ 92. 92Real estate tax for debt service

§ 92. Real estate tax for debt service. If a city issues its obligations for any project or to raise funds to loan in aid of a project, such city may levy an ad valorem tax on real estate to the extent that revenues derived in any year from taxes levied pursuant to this chapter, together with revenues from the project or projects aided by the proceeds of any such obligations shall become insufficient to provide fully for the payment of principal and interest in that year upon obligations issued for either or both purposes.

Source: official New York text · Last verified 2026-08-27

Frequently Asked Questions About New York § 92

What does New York Consolidated Laws § 92 cover?

Section 92 ("92Real estate tax for debt service") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite New York § 92?

A common citation format is "New York Consolidated Laws § 92" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of New York law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.

How does New York § 92 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in New York.