Authorizes the Peconic Land Trust to file an application for exemption from real property taxes for a certain parcel of land located in the town of Brookhaven.
STATE OF NEW YORK
________________________________________________________________________
10422
IN ASSEMBLY
May 26, 2016
___________
Introduced by M. of A. THIELE -- read once and referred to the Committee
on Real Property Taxation
AN ACT to authorize the Peconic Land Trust to file an application for
exemption from real property taxes for a certain parcel of land
located in the town of Brookhaven
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 Brookhaven is hereby authorized to accept
3 from the Peconic Land Trust an application for exemption from real prop-
4 erty taxes pursuant to section 420-a of the real property tax law for
5 the 2014-2015 assessment roll, for the parcel located in the village of
6 Mastic Beach in the town of Brookhaven, at 19 Private Road otherwise
7 known as tax map number SCTM #209-8-1-15. If accepted, the application
8 shall be reviewed as if it had been received on or before the taxable
9 status date established for such roll.
10 If satisfied that the Peconic Land Trust: (i) acquired title to the
11 property for which it seeks exemption subsequent to the taxable status
12 date established for such roll and prior to the taxable status date for
13 the next ensuing assessment roll and (ii) would otherwise be entitled to
14 such exemption if the Peconic Land Trust had filed an application for
15 exemption by the appropriate taxable status date, the assessor of the
16 town of Brookhaven, upon approval by the town board of such town, may
17 grant exemption from all taxation beginning with the date of acquisition
18 of the property by the Peconic Land Trust and make appropriate
19 correction to the subject roll. If exemption is granted and the Peconic
20 Land Trust therefore shall have paid any tax with respect to the subject
21 roll, the governing body or tax department may, in its sole discretion,
22 provide for the refund of those taxes paid including the amount of any
23 taxes held in escrow pursuant to the sale of such property and cancel
24 taxes, fines, penalties or interest remaining unpaid.
25 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD15634-02-6
