Bill Text: NY S07775 | 2017-2018 | General Assembly | Introduced


Bill Title: Grants the village of Farmingdale retroactive real property tax exempt status for lots located at 254 Main Street, village of Farmingdale, town of Oyster Bay, county of Nassau.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2018-12-21 - SIGNED CHAP.439 [S07775 Detail]

Download: New_York-2017-S07775-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          7775
                    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 2016-2017 assessment roll for a portion of the  2016-2017
     6  school  taxes,  a portion of the 2017 general taxes, and with respect to
     7  the 2017-2018 assessment roll, all of the 2017-2018 school taxes and all
     8  the 2018 general taxes, for the parcel  conveyed  to  such  municipality
     9  located  at 254 Main Street, village of Farmingdale, town of Oyster Bay,
    10  county of Nassau, otherwise known as Nassau county parcel ID section  49
    11  block  70  lot 399. If accepted, the application shall be reviewed as if
    12  it had been received on or before the taxable  status  date  established
    13  for such roll.
    14    If  satisfied  that  such  municipality would otherwise be entitled to
    15  such exemption  if  such  municipality  had  filed  an  application  for
    16  exemption  by  the  appropriate  taxable status date, the assessor, upon
    17  approval  by  the  Nassau  county  legislature,  may  make   appropriate
    18  correction  to  the subject rolls. If such exemption is granted and such
    19  municipality, therefore, shall have paid any tax  with  respect  to  the
    20  subject  rolls,  the applicable governing body or tax department may, in
    21  its sole discretion, provide for the refund  of  those  taxes  paid  and
    22  cancel  those  taxes,  fines,  penalties,  liens  or  interest remaining
    23  unpaid.
    24    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14018-05-8
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