NY S07477

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

Allows the application to be reviewed as if submitted by the taxable status date deadline, provided the church acquired the property between the 2006 taxable status date and the next assessment roll's taxable status date

Permits the Kings County assessor to grant tax exemption retroactively to the date of property acquisition if the church would otherwise qualify, with approval from the town board

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

Takes effect immediately upon enactment