NY A10541

Authorizes the Kings County assessor to accept a late application for real property tax exemption from Tabernacle of Praise Church for the 2006 assessment roll for property located at 1274 Utica Avenue, Brooklyn (section 03 block 4760 lot 12, 03 block 4761 lots 53 and 58)

Allows the application to be reviewed as if it were timely filed by the taxable status date, provided the church acquired the property between the 2006 taxable status date and the next ensuing assessment roll's taxable status date

Permits the Kings County assessor, with town board approval, to grant tax exemption retroactive to the date the church acquired the property if the church would otherwise qualify for exemption under law

Authorizes the governing body or tax department to refund any taxes paid on the property, including amounts held in escrow, and cancel unpaid taxes, fines, penalties, or interest at their sole discretion

Takes effect immediately upon enactment