NY S08818

Authorizes the City of Troy assessor to accept a late real property tax exemption application from the Oakwood Community Center for the 2021 and 2022 assessment rolls.

Applies to the property located at 313 Tenth Street, Troy (Rensselaer County tax map section 101.31, block 2, lot 3).

Requires the assessor to review the application as if it had been filed by the appropriate taxable status date and grant exemption upon approval by the Troy City Council if the organization qualifies.

Permits the City of Troy to refund any taxes already paid and cancel remaining unpaid taxes, fines, penalties, interest, or tax liens at the discretion of the governing body or tax department.

Takes effect immediately upon enactment.