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NY A08366
Bill
Status
5/13/2025
Primary Sponsor
Eric Brown
Click for details
AI Summary
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Extends the expiration date of payment in lieu of taxes (PILOT) provisions for the Town of Hempstead from June 30, 2025 to June 30, 2027
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Applies specifically to property acquired by the Town of Hempstead for park or recreational purposes
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Amends Chapter 821 of the Laws of 1970, which originally established these PILOT arrangements
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Provides a two-year extension of the existing program, which has been previously renewed multiple times since its original 1970 effective date
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Takes effect immediately upon passage
Legislative Description
Extends from June 30, 2025 to June 30, 2027, the expiration of provisions of the town law relating to payments in lieu of taxes for property acquired for park or recreational purposes by the town of Hempstead.
Last Action
substituted by s7822
6/17/2025