There are multiple new laws that were enacted in the state of New York. The laws require a surety bond in connection with review procedures for tax assessments made by local authorities. Any individual who argues the tax or inquires about a refund is required to deposit a quantity equivalent to the tax and any penalties due, including a surety bond from a state-licensed surety company to cover the costs of the proceeding. The petitioner has the ability to post a bond equal to the amount of the taxes, including interest and penalties. Anybody disputing a denied reimbursement claim is subject to the same bond requirements stated above. The new laws for 2008 include AB 8831, which is for local real estate transfer taxes (Town of Northeast); and SB 7050 which is concerning local hotel and motel taxes (Clinton County).