Bill Text: NY S07773 | 2017-2018 | General Assembly | Introduced


Bill Title: Relates to authorizing the village of Farmingdale to receive retroactive real property tax exempt status for lots located at 387 Conklin Street, village of Farmingdale, town of Oyster Bay, county of Nassau.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2018-11-05 - SIGNED CHAP.344 [S07773 Detail]

Download: New_York-2017-S07773-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          7773
                    IN SENATE
                                    February 22, 2018
                                       ___________
        Introduced  by  Sen.  HANNON -- read twice and ordered printed, and when
          printed to be committed to the Committee on Local Government
        AN ACT authorizing the village of  Farmingdale  to  receive  retroactive
          real property tax exempt status
          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 county of Nassau is hereby authorized to accept from
     3  the village of Farmingdale an application for exemption from real  prop-
     4  erty  taxes  pursuant  to section 406 of the real property tax law, with
     5  respect to the 2015-2016 assessment roll  for  a  portion  of  the  2016
     6  general  taxes  and  the  2016-2017  school  taxes, and the 2017 general
     7  taxes, for the parcels conveyed to  such  municipality  located  at  387
     8  Conklin  Street,  village  of Farmingdale, town of Oyster Bay, county of
     9  Nassau, otherwise known as Nassau county parcel ID section 49  block  76
    10  lot  7. If accepted, the application shall be reviewed as if it had been
    11  received on or before the taxable  status  dates  established  for  such
    12  rolls.
    13    If  satisfied  that  such  municipality would otherwise be entitled to
    14  such exemption  if  such  municipality  had  filed  an  application  for
    15  exemption  by  the  appropriate  taxable status date, the assessor, upon
    16  approval  by  the  Nassau  county  legislature,  may  make   appropriate
    17  correction  to  the subject rolls. If such exemption is granted and such
    18  municipality, therefore, shall have paid any tax  with  respect  to  the
    19  subject  rolls,  the applicable governing body or tax department may, in
    20  its sole discretion, provide for the refund  of  those  taxes  paid  and
    21  cancel  those  taxes,  fines,  penalties,  liens  or  interest remaining
    22  unpaid.
    23    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14019-02-8
feedback