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NY A07030

Bill

Status

Introduced

5/10/2023

Primary Sponsor

Fred Thiele

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Authorizes the Southold town board in Suffolk County to accept a refund petition from GKLF, LLC for real estate transfer tax paid on a property conveyed on June 22, 2021.

  • Applies to the property located at 7800 Alvahs Lane in Cutchogue, Southold, identified as Suffolk County tax map district 1000, section 101.00, block 01.00, lot 019.001.

  • Permits the town board to review the application as if the applicant had complied with paragraph (j) of subdivision 2 of section 1449-ee of the tax law before the June 22, 2021 conveyance date.

  • Allows the town board to grant a refund of the transfer tax if satisfied the grantee would have been entitled to an exemption under the applicable tax law provisions.

  • Takes effect immediately and expires one year after becoming law, at which point the act's provisions are repealed.

Legislative Description

Authorizes the town board of the town of Southold, county of Suffolk, to accept from GKLF, 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

Committee Referrals

Real Property Taxation1/12/2024
Ways and Means5/25/2023
Real Property Taxation5/10/2023

Full Bill Text

No bill text available