§ 924-b. Waiver of interest or penalties or other charges on
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 a brownfield site
clean-up agreement entered into by a volunteer pursuant to section
27-1409 of the environmental conservation law. 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
the environmental conservation law or revocation of such certificate
shall be grounds for revocation of any waiver of interest, penalties, or
charges granted pursuant to this section.