A07367 Summary:

BILL NO    A07367 

SAME AS    No same as

SPONSOR    Ramos

COSPNSR    

MLTSPNSR   



Authorizes the assessor of the town of Islip, Suffolk county to accept an
application for real property tax exemption from Adelante of Suffolk County,
Inc.

A07367 Actions:

BILL NO    A07367 

03/31/2009 referred to real property taxation
01/06/2010 referred to real property taxation

A07367 Votes:

A07367 Memo:

BILL NUMBER:A7367

TITLE  OF  BILL:   An act in relation to authorizing the assessor of the
town of Islip to accept an application for exemption from real  property
tax from Adelante of Suffolk County, Inc. for a certain parcel of land

PURPOSE:

To  exempt  the  Adelante of Suffolk County, Inc. (Adelante), a not-for-
profit corporation, from liability for payment of  real  property  taxes
due on the 2007-08 assessment roll.

SUMMARY OF PROVISIONS:

This  bill  would authorize and direct the assessor of the Town of Islip
to accept an application from Adelante for exemption from real  property
taxes  pursuant  to  Section  420-a of the Real Property Tax Law for the
assessment roll as completed in 2007-08. When  satisfied  that  Adelante
would  otherwise  have  been entitled to said exemption, the assessor is
authorized and directed to grant same, refund the  appropriate  pro-rata
portion of any taxes paid and cancel all remaining unpaid taxes, related
fines and penalties.

JUSTIFICATION:

Adelante  purchased the property at 83 Carleton Avenue in Central Islip,
New York in December of 2007. This purchase took place after the closing
date for the Town of Islip's 2007-2008 assessment roll.  This bill would
authorize the assessor of the Town of Islip to accept an application  or
renewal application from Adelante for exemption from real property taxes
pursuant to Section 420-a of the Real Property Tax Law for the 2007-2008
assessment  roll.  Adelante has filed and received an exemption from the
Town of Islip for this property for the 2008-2009 tax year.

This act shall take effect immediately.

LEGISLATIVE HISTORY:

2008: New legislation.

FISCAL IMPLICATIONS:

The tax levy against Adelante for this property for the 2007-08  assess-
ment roll is $27,817.

EFFECTIVE DATE:  This act shall take effect immediately.