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.
STATE OF NEW YORK
________________________________________________________________________
11137
IN ASSEMBLY
June 7, 2018
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Introduced by COMMITTEE ON RULES -- (at request of M. of A. D'Urso) --
read once and referred to the Committee on Real Property Taxation
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.
LBD16198-02-8
