NY A06397

Authorizes the assessor of the Town of Islip, Suffolk County, to accept a late application for real property tax exemption from Chabad of Islip Township, Inc., a not-for-profit corporation, for the 2019-2020 assessment roll.

Permits the application to be reviewed as if it had been filed by the taxable status date deadline for the property located at 49 Union Avenue, Islip (Suffolk County Tax Map District 0500, Section 370.00, Block 04.00, Lot 031.002).

Allows the assessor, with approval from the Town of Islip town board, to grant the exemption and make corrections to the assessment rolls if the corporation would otherwise qualify for exemption.

Requires the applicable governing body or tax department to refund any taxes, fines, and penalties previously paid by the corporation and cancel any remaining unpaid taxes if exemption is granted.

Takes effect immediately upon enactment.