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NY S08940

Bill

Status

Passed

12/21/2018

Primary Sponsor

Elaine Phillips

Click for details

Origin

Senate

2017-2018 General Assembly

AI Summary

  • Authorizes the Nassau County assessor to accept a late application for property tax exemption from Spectrum Designs Foundation Ltd. for a parcel at 366 Main Street, Port Washington (Nassau County parcel ID section 5 block 51 lot 117).

  • Permits the assessor to review the application as if it had been timely filed for the 2016-2017 and 2017-2018 school tax rolls and 2017 and 2018 general tax rolls.

  • Requires approval from the Nassau County Legislature before the assessor may grant the exemption and make corrections to tax rolls.

  • Allows the county's governing body or tax department to refund taxes paid and cancel any remaining taxes, fines, penalties, interest, or tax liens if the exemption is granted.

  • Takes effect immediately upon enactment.

Legislative Description

Relates to permitting a retroactive property tax exemption to Spectrum Designs Foundation Ltd. for portions of the 2016-2017 school and general taxes and all of the 2017-2018 school and 2018 general taxes.

Last Action

SIGNED CHAP.452

12/21/2018

Committee Referrals

Real Property Taxation6/11/2018
Rules6/6/2018

Full Bill Text

No bill text available