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NY S06588

Bill

Status

Introduced

4/27/2023

Primary Sponsor

Anthony Palumbo

Click for details

Origin

Senate

2023-2024 General Assembly

AI Summary

  • Authorizes the town board of Southold, Suffolk County to accept a refund petition from GKLF II, LLC for town real estate transfer tax on property at 17155 County Road 48, Cutchogue (Suffolk County tax map district 1000, section 101.00, block 01.00, lot 019.002)

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

  • Permits the town board to grant the refund if satisfied the grantee would otherwise be entitled to the exemption, and authorizes refund of any tax already paid at the board's sole discretion

  • Takes effect immediately and expires one year after becoming law, at which point the act's provisions are repealed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

REFERRED TO LOCAL GOVERNMENT

1/3/2024

Committee Referrals

Local Government4/27/2023

Full Bill Text

No bill text available