Bill Text: NY S08940 | 2017-2018 | General Assembly | Introduced

Bill Title: Relates to permitting a retroactive property tax exemption to Spectrum Designs Foundation Ltd. for portions of the 2016-2017 school and general taxes and all of the 2017-2018 school and 2018 general taxes.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2018-12-21 - SIGNED CHAP.452 [S08940 Detail]

Download: New_York-2017-S08940-Introduced.html

                STATE OF NEW YORK
                    IN SENATE
                                      June 6, 2018
        Introduced  by Sen. PHILLIPS -- read twice and ordered printed, and when
          printed to be committed to the Committee on Rules
        AN ACT to authorize the assessor of the county of Nassau  to  accept  an
          application  for  exemption  from  real  property  taxes from Spectrum
          Designs Foundation Ltd. for a certain parcel in  the  hamlet  of  Port
          Washington in the town of North Hempstead
          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  Spectrum Designs Foundation Ltd. an application for exemption from  real
     4  property  taxes  pursuant  to section 420-a of the real property tax law
     5  for a portion of the 2016-2017 school and 2017 general tax roll and  all
     6  of  the  2017-2018  school  and  2018  general  tax  roll for the parcel
     7  conveyed to such organization located at 366 Main Street, hamlet of Port
     8  Washington, town of North Hempstead, county of Nassau,  otherwise  known
     9  as Nassau county parcel ID section 5 block 51 lot 117.
    10    If  accepted,  such  application  shall  be reviewed as if it had been
    11  received on or before the taxable  status  dates  established  for  such
    12  rolls.  If satisfied that such non-profit would otherwise be entitled to
    13  such exemption if such non-profit had filed an application for exemption
    14  by the appropriate taxable status dates, the assessor, upon approval  of
    15  the Nassau county legislature, may grant exemption from all taxation and
    16  make  appropriate corrections to the subject rolls. If such exemption is
    17  granted and such non-profit therefore  shall  have  paid  any  tax  with
    18  respect  to the subject rolls, the governing body or tax department may,
    19  in its sole discretion, provide for the refund of those taxes  paid  and
    20  cancel  any  taxes,  fines,  penalties,  interest or tax liens remaining
    21  unpaid.
    22    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.