What's happening
This bill allows the village of Farmingdale to retroactively apply for and receive property tax exemption for specific tax years.
Why it matters
Sets a precedent for retroactive tax relief. By allowing Farmingdale to apply for a property tax exemption after the typical deadline, this bill could encourage other municipalities to seek similar retroactive remedies, potentially impacting how strictly tax deadlines are enforced.
Financial impact on local budgets. If the exemption is granted and taxes are refunded or canceled, local governments and school districts may lose anticipated revenue, which could affect public services or shift the tax burden to other taxpayers.
Addresses municipal property acquisitions. The bill recognizes that municipalities may acquire property and miss exemption deadlines, offering a legal pathway to address missed filings, which could be relevant for other towns and villages managing new properties.
Discretion given to local authorities. The bill gives the Nassau County Legislature and local tax bodies significant discretion in approving corrections, refunds, and cancellations, highlighting the importance of local decision-making in tax administration.
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Who cares
Headline styles
Retroactive Tax Exemption for Farmingdale
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Signed chap.344
- Delivered to governor
- Returned to senate
- Passed assembly
- Ordered to third reading rules cal.326
- Substituted for A9573A
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 60–1
- Ordered to third reading cal.1582
- Committee discharged and committed to rules
- Referred to local government
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.
Give Farmingdale Tax Exemption
Assembly Floor Calendar · Sponsor Michael Montesano
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
7773
IN SENATE
February 22, 2018
Introduced by Sen. HANNON -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government
AN ACT authorizing the village of Farmingdale to receive retroactive real property tax exempt status
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Notwithstanding any other provision of law to the contrary, the assessor of the county of Nassau is hereby authorized to accept from the village of Farmingdale an application for exemption from real property taxes pursuant to section 406 of the real property tax law, with respect to the 2015-2016 assessment roll for a portion of the 2016 general taxes and the 2016-2017 school taxes, and the 2017 general taxes, for the parcels conveyed to such municipality located at 387 Conklin Street, village of Farmingdale, town of Oyster Bay, county of Nassau, otherwise known as Nassau county parcel ID section 49 block 76 lot 7. If accepted, the application shall be reviewed as if it had been received on or before the taxable status dates established for such rolls.
If satisfied that such municipality would otherwise be entitled to such exemption if such municipality had filed an application for exemption by the appropriate taxable status date, the assessor, upon approval by the Nassau county legislature, may make appropriate correction to the subject rolls. If such exemption is granted and such municipality, therefore, shall have paid any tax with respect to the subject rolls, the applicable governing body or tax department may, in its sole discretion, provide for the refund of those taxes paid and cancel those taxes, fines, penalties, liens or interest remaining unpaid.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14019-02-8
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act authorizing the village of Farmingdale to receive retroactive real property tax exempt status
Purpose
This bill would authorize the Assessor of the County of Nassau to accept an application for exemption from real property taxes submitted by the Incorporated Village of Farmingdale.
Summary of provisions
Section one authorizes the Assessor of the County of Nassau to accept from the Incorporated Village of Farmingdale an application for exemption from real property taxes pursuant to section 406 of the real property tax law, with respect to the 2015-2016 assessment roll for a portion of the 2016 general taxes and the 2016-17 school taxes and the 2017 general taxes for the parcels conveyed to such municipality located at 387 Conklin Street, village of Farmingdale, town of Oyster Bay, coun- ty of Nassau, otherwise known as Nassau county parcel ID section 49 block 76 lot 7.
Section two provides an effective date.
Justification
Existing law authorizes tax exemptions to be granted after the taxable status date has passed if a bill is chaptered authorizing an assessor to accept a late application.
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.