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History
- Referred to local government
- Referred to local government
Companion bill
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Authorizes First Unitarian Society to file applications for real property tax exemptions
In Assembly Committee · Real Property Taxation · Sponsor James Tedisco
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5700
Title of bill
An act to authorize First Unitarian Society to file applications for real property tax exemptions
Purpose
This bill permits the City of Schenectady to accept late applications to address the real property taxes owed by the First Unitarian Society for the 2008 and 2009 year.
Summary of provisions
This bill permits the Schenectady City Assessor to accept and evaluate applications from the First Unitarian Society to address their 2008 and 2009 real property tax bills even though the deadline for, these application periods have passed. If the Assessor finds that the entity and properties are indeed tax exempt, this bill would permit the City to grant the exemptions and refund any excess property taxes already paid.
Existing law
Under current law, there is no authority for the Assessor to accept and evaluate late applications. The owner of a property would be exempt pursuant to section 420-a of the Real Property Tax law or article 78 of the Civil Practice Law and Rules
Justification
The First Unitarian Society missed the application deadline and did not receive its tax exempt status for prior years rolls, therefore they must now rectify this situation with legislation. This not for profit entity provides valuable charitable services to many children and families in need. This property tax exemption will help enable them to continue providing services to the community.
Legislative history
New in 2011.
Local fiscal implications
Will restore real property tax exemptions which previously existed, returning relative shares of tax-exempt and taxpaying properties to their status in prior years.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.