NY A09300

Authorizes the assessor of the Town of Islip to accept a retroactive real property tax exemption application from New York 811, Inc. for the 2011-2012 assessment roll for property located at 60 Knickerbocker Avenue, Bohemia (Suffolk County Tax Map Number 0500-215-1-29.024).

Allows the application to be reviewed as if it had been filed by the required taxable status date, notwithstanding any late filing.

Permits the Town of Islip assessor, upon approval by the governing body or tax department, to grant exemption from all taxation beginning from the date of conveyance to the organization.

Authorizes cancellation of all taxes, fines, penalties, and interest previously paid by the organization on the subject parcel with appropriate roll corrections.

Takes effect immediately upon enactment.