Section 1326-A. Payment of taxes in installments in certain school districts

1. Notwithstanding any provisions of  this  chapter  or  any
  other  general or special law to the contrary, a school district may, by
  resolution adopted by a two-thirds vote prior to the levy  of  taxes  in
  any  year,  provided  that  thereafter  and  until  such  resolution  is
  rescinded, every tax in excess of fifty  dollars  levied  by  the  board
  pursuant  to  law  may be paid in three installments, the first of which
  shall be at least fifty percent of the total tax due and shall  be  paid
  not  later  than  the  last  day  of  the  one  month  collection period
  prescribed by subdivision one of section thirteen hundred twenty-two  or
  section  thirteen  hundred twenty-four of this article and, provided the
  first installment has been paid, the second  shall  be  at  least  fifty
  percent  of  the  remainder  plus  interest  at  the  rate as determined
  pursuant to section nine hundred  twenty-four-a  of  this  chapter,  and
  shall  be paid on or before the date specified in the resolution for the
  second payment, and the third shall be the remainder  plus  interest  at
  the  rate  determined  pursuant to section nine hundred twenty-four-a of
  this chapter and shall be paid on or before the date  specified  in  the
  resolution for the expiration of the warrant.
    2.  When  such  a  resolution  is  in effect in a school district, the
  collecting officer shall be authorized to receive such taxes  until  the
  date specified in the resolution for the payment of the second and third
  installments  of taxes. The collecting officer shall be in attendance to
  receive the second and third installments of taxes at  the  same  places
  and  hours  specified for the receipt of the first installment, at least
  three days in each week for the two weeks preceding the final  date  for
  payment  of  the  second  and  third installments. In the event that the
  first installment of any tax is not paid within the time specified,  the
  collecting officer may receive the same at any time until the expiration
  of  his  warrant  with  interest  as determined pursuant to section nine
  hundred twenty-four-a of this chapter for the month of October and  each
  month  or  fraction thereof until paid. The collecting officer's warrant
  and notice of receipt thereof shall be conformed in accordance with this
  section.
    3. At the expiration of his warrant, the collecting officer shall make
  a return of unpaid taxes in the same manner as provided in  section  one
  thousand three hundred thirty of this chapter.
    4. An installment program adopted pursuant to this section shall apply
  to  all  property  within  the  school district, unless it is explicitly
  limited to one or more of the following classes of property:
    (a) property which is improved by a one, two or three family structure
  used exclusively for residential purposes;
    (b) property which is exempt from taxation pursuant  to  section  four
  hundred sixty-seven of this chapter; or
    (c)  property  which  is exempt from taxation pursuant to section four
  hundred fifty-nine of this chapter, or which is owned and occupied by  a
  person  or  persons  who qualify as physically disabled pursuant to such
  section.