New York Public Library Will Permanently Cancel Late Fees: 'The Time is Now' The organization has been waiving late fees since March 2020.

By Emily Rella Edited by Jessica Thomas

Opinions expressed by BIZ Experiences contributors are their own.

Now that's something to write home about.

Amid the ongoing coronavirus pandemic, New York City has decided to permanently waive late fees and cancel existing fines for those with public library cards.

The fees, which have been suspended since March 2020, will now officially be terminated.

Previously, those with overdue or other extraneous fees totaling $15 or more would have their cards and access blocked until their debt was paid off.

"This announcement is another major step towards making our public libraries, the heart of so many communities, accessible to all," New York City mayor Bill de Blasio said in a statement. "Eliminating fines will let us serve even more New Yorkers, allowing them to enjoy all of the resources and programs that public libraries offer to grow and succeed."

The policy is effective immediately as of October 5.

"During the pandemic, it was clearer than ever that we live in a Tale of Two Cities, with our most vulnerable citizens too often left behind," wrote Tony Marx, NYPL president. "As New York grapples with these inequities, we must ensure that we are adhering to our mission of making knowledge and opportunity available to all — and that means addressing late fines."

The organization explained that the 10 branches of the NYPL with the most blocked cards are in "high-needs communities," with over 30% of blocked cards throughout the city belonging to users under the age of 18.

"Our work, and the work of our peers, show that fines do not effectively incentivize the timely return of materials. If they did, we would never collect fines," Marx said. "If we're talking ethics, it is clear to me that the real ethical conundrum lies with pricing our most vulnerable citizens out of using a free, public library system."

The NYPL (which includes branches in Manhattan, Brooklyn and Queens) collects between $3 and $4 million in late fees each year, Bloomberg reported.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at BIZ Experiences.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Science & Technology

OpenAI's Latest Move Is a Game Changer — Here's How Smart Solopreneurs Are Turning It Into Profit

OpenAI's latest AI tool acts like a full-time assistant, helping solopreneurs save time, find leads and grow their business without hiring.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Money & Finance

These Are the Expected Retirement Ages By Generation, From Gen Z to Boomers — and the Average Savings Anticipated. How Do Yours Compare?

Many Americans say inflation prevents them from saving enough and fear they won't reach their financial goals.

Starting a Business

I Built a $20 Million Company by Age 22 While Still in College. Here's How I Did It and What I Learned Along the Way.

Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain.

Business Solutions

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life

Ideal for BIZ Experiencess and small-business owners who are looking to streamline their PC setup.