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NY S02003
Bill
Status
Passed
12/29/2014
Primary Sponsor
David Carlucci
Click for details
AI Summary
- Amends Real Property Tax Law Section 726 to allow school districts to charge back to public libraries the portion of court-ordered tax refunds attributable to library purposes
- Applies when a school district levies taxes on behalf of a school district public library
- School districts must still refund the full amount of excess taxes collected due to assessment corrections, but may recover the library-related portion from the library
- Refund requests must be filed within three years after a final court order determining an assessment was excessive, unequal, unlawful, or property was misclassified
- Takes effect January 1 following enactment
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
SIGNED CHAP.546
12/29/2014
Committee Referrals
Ways and Means6/10/2014
Local Government1/8/2014
Ways and Means6/11/2013
Local Government1/9/2013
Full Bill Text
No bill text available