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Sponsors
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History
- Substituted by A4325A
- Ordered to third reading cal.1373
- Referred to rules
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Authorizes Chabad at Stony Brook, Inc. to file an application for a real property tax exemption with the assessor of the town of Brookhaven
Signed by Governor · Sponsor Steven Englebright
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5751
Title of bill
An act to authorize Chabad at Stony Brook, Inc. to file an application for a real property tax exemption
Purpose or general idea of bill
To allow Chabad at Stony Brook Inc. to file a retroactive application with the assessor of the Town of Brookhaven for a real property tax exemption for certain real property owned in the Town of Brookhaven.
Summary of specific provisions
Section 1 of the bill would authorize the assessor of the Town of Brookhaven haven to accept from Chabad at stony Brook, Inc. an application for exemption from real property taxes pursuant to section 420-a of the Real Property Tax Law for the 2009-2010, 2010-2011 and 2011-2012 assessment rolls. If accepted, the application shall be reviewed as if it had been received on or before the taxable status date established for such rolls. If satisfied, the assessor, upon approval by the town board, may grant exemption from all taxation beginning on the date of conveyance of such parcel to such organization on the effective date of this act and cancel taxes, fines, penalties and interest remaining unpaid, and make appropriate corrections of the subject rolls.
Justification
Chabad at Stony Brook, Inc., a not-for-profit religious organization pursuant to section 420-a of the Real Property Tax Law, acquired title to a parcel of property located in the Town of Brookhaven located at 1 Spruce Lane, Stony Brook and would otherwise be entitled to a tax exemption on such property if such corporation filed an application for the exemption on or before the appropriate taxable status date. It is intended by this bill to ameliorate the financial hardship that will be suffered by Chabad at Stony Brook, a religious entity under section 420-a of the Real Property Tax Law, if it is required to pay the property taxes due.
Prior legislative history
New bill.
Fiscal implications
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.