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NY A05310
Bill
Status
2/22/2013
Primary Sponsor
Sandra Galef
Click for details
AI Summary
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Amends Real Property Tax Law Section 726 to allow school districts that levy taxes on behalf of public libraries to charge back to the library its proportional share of court-ordered tax refunds.
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Applies when a court orders correction or striking of an assessment on a school district's portion of a city, town, or county assessment roll, resulting in refunded taxes owed to taxpayers.
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The library's chargeback amount equals only the portion of the refund attributable to library purposes, not the entire refund.
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Maintains existing procedures for refund applications, including the three-year deadline from entry of the final court order.
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Takes effect January 1st of the year following enactment into law.
Legislative Description
Provides that a school district which levies taxes on behalf of a school district public library may charge back to such public library the portion of any court ordered refund attributable to library purposes.
Last Action
substituted by s2003
6/19/2014