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NY S06589

Bill

Status

Introduced

4/27/2023

Primary Sponsor

Anthony Palumbo

Click for details

Origin

Senate

2023-2024 General Assembly

AI Summary

  • Authorizes the Southold Town Board to accept a refund application from GKLF, LLC for real estate transfer tax paid on a property conveyed on June 22, 2021

  • Property subject to refund is located at 7800 Alvahs Lane in Cutchogue, Southold, 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 grantee had complied with section 1449-ee(2)(j) of the tax law requirements before the June 22, 2021 conveyance date

  • Town board may grant a refund of the transfer tax paid if satisfied that the grantee would otherwise qualify for the exemption under state tax law

  • Act takes effect immediately and expires one year after becoming law

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

REFERRED TO LOCAL GOVERNMENT

1/3/2024

Committee Referrals

Local Government4/27/2023

Full Bill Text

No bill text available