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NY A07012
Bill
Status
5/10/2023
Primary Sponsor
Fred Thiele
Click for details
AI Summary
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Authorizes the Southold town board (Suffolk County) to accept a refund petition from GKLF II, LLC for real estate transfer taxes paid on a property conveyed on June 22, 2021.
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Applies to the property located at 17155 County Road 48 in Cutchogue, Southold (Suffolk County tax map district 1000, section 101.00, block 01.00, lot 019.002).
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Allows the town board to review the refund application as if the grantee had complied with paragraph (j) of section 1449-ee of the tax law before the June 22, 2021 conveyance date.
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Grants the town board discretionary authority to refund the real estate transfer tax if satisfied the grantee would otherwise qualify for an exemption under the applicable tax law provisions.
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Expires one year after enactment, with all provisions repealing automatically upon that date.
Legislative Description
Authorizes the town board of the town of Southold, county of Suffolk, to accept from GKLF II, LLC, grantee, an application for a refund from the town real estate transfer tax paid pursuant to section 1449-bb of the tax law for certain real property conveyed on June 22, 2021.
Last Action
reference changed to real property taxation
1/12/2024