Bill Text: NY S06942 | 2017-2018 | General Assembly | Amended

New York Senate Bill 6942 (Prior Session Legislation)

Bill Title: Authorizes Stride, Inc. to file an application for retroactive real property tax exemption.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2018-12-28 - SIGNED CHAP.482 [S06942 Detail]

Download: New_York-2017-S06942-Amended.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                         6942--A
            Cal. No. 278
                               2017-2018 Regular Sessions
                    IN SENATE
                                    November 13, 2017
                                       ___________
        Introduced by Sen. MARCHIONE -- read twice and ordered printed, and when
          printed  to  be  committed to the Committee on Rules -- recommitted to
          the Committee on Local Government in accordance with  Senate  Rule  6,
          sec.  8  --  reported  favorably from said committee, ordered to first
          report, amended on first  report,  ordered  to  a  second  report  and
          ordered reprinted, retaining its place in the order of second report
        AN  ACT to authorize Stride, Inc. to file an application for retroactive
          real property tax exemption
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section 1. Notwithstanding any other provision of law to the contrary,
     2  the  assessor  of  the  town of Sand Lake is hereby authorized to accept
     3  from Stride, Inc. an application for exemption from real property  taxes
     4  pursuant to section 420-a of the real property tax law for the 2016-2017
     5  assessment roll, for the parcels conveyed to such organization on Novem-
     6  ber 2, 2016, with such parcels being located in the town of Sand Lake at
     7  4482  NY  Highway  150,  West Sand Lake, Rensselaer county, New York. If
     8  accepted, the application shall be reviewed as if it had  been  received
     9  on  or  before  the  taxable  status  date established for such roll. If
    10  satisfied that such organization would otherwise  be  entitled  to  such
    11  exemption if such organization had filed an application for exemption by
    12  the  appropriate  taxable  status date, the assessor of the town of Sand
    13  Lake, upon approval by the town board of such town, may grant  exemption
    14  from all taxation beginning on the date of the conveyance of such parcel
    15  to such organization on the effective date of this act and cancel taxes,
    16  fines,  penalties  and  interest  remaining unpaid, and repay any taxes,
    17  fines, penalties and interest paid by such organization, and make appro-
    18  priate correction of the subject roll.
    19    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13527-03-8