NY A10142

Authorizes the assessor of the town of Brookhaven to accept a retroactive real property tax exemption application from the United Veterans Beacon House for the 2015-2016 and 2016-2017 assessment rolls.

Applies to the property located at 89 Smith Lane in the hamlet of Yaphank, town of Brookhaven (Suffolk County tax map number SCTM #200-527-3-16).

Permits the exemption to be granted if the organization acquired title between the taxable status date for one roll and the next, and would otherwise qualify for exemption under section 420-a of the real property tax law.

Requires approval from the town board of Brookhaven to grant the exemption retroactively from the date of property acquisition.

Authorizes the town to refund any taxes paid on the subject rolls, including amounts held in escrow during the property sale, and cancel unpaid taxes, fines, penalties, or interest.