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A8145Assembly2019-2020 SessionSame asS5586

Retroactive Tax Exemption Filing

Official title

“Authorizes Bais Trany of Monsey, Inc. to file an application for a retroactive real property tax exemption”

Sponsor Karl BrabenecAD-98Affects Housing
Status
Assembly Floor Calendar
Impact
2/10
Minimal
Outcome
Companion signed

Bill progress

Signed via S5586

What's happening

This bill allows Bais Trany of Monsey, Inc. to apply retroactively for property tax exemptions for the 2016 tax year.

Why it matters

  1. Addresses a missed deadline. This bill allows Bais Trany of Monsey, Inc. to apply for a property tax exemption for a prior tax year, which they would normally be barred from doing due to missing the original filing date.

  2. Potential financial impact. If the exemption is granted, the organization could receive a refund for taxes already paid and have any outstanding taxes, fines, or penalties canceled for the specified period, affecting both the organization’s finances and local tax revenue.

  3. Sets a local precedent. Granting retroactive exemptions through legislative action could encourage similar requests from other organizations, potentially impacting how strictly tax deadlines are enforced in the future.

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Who cares

Headline styles

Retroactive Tax Exemption Filing

Plain English, a few words. Used as the page title.

Sponsors

Primary sponsor
Karl Brabenec

Assembly Member · Assembly District 98

No co-sponsors yet.

History

  1. Substituted by S5586
  2. Ordered to third reading rules cal.611
  3. Rules report cal.611
  4. Reported
  5. Reported referred to rules
  6. Reported referred to ways and means
  7. Referred to real property taxation

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.

S5586Senate

Authorizes Bais Trany of Monsey, Inc. to file an application for a retroactive real property tax exemption

Signed by Governor · Sponsor David Carlucci

Impact 3 · LowSigned into law

Full text

1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗

STATE OF NEW YORK

8145

2019-2020 Regular Sessions

IN ASSEMBLY

June 4, 2019

Introduced by M. of A. BRABENEC -- read once and referred to the Committee on Real Property Taxation

AN ACT in relation to authorizing Bais Trany of Monsey, Inc. to file an application for certain real property tax exemptions

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 town of Ramapo is hereby authorized to accept from Bais Trany of Monsey, Inc., an application for exemption from real property taxes pursuant to section 420-a of the real property tax law for a portion of the 2016-2017 school tax roll and the 2016 general tax roll, for a parcel owned by such organization located in the hamlet of Monsey in the town of Ramapo located at 110 College Road, otherwise known as Rockland county tax map section 49.14, block 1, lot 70. If accepted, such 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 school would otherwise be entitled to such exemption if such school had filed an application for exemption by the appropriate taxable status dates, the assessor, upon approval of the town board of Ramapo, may grant exemption from all taxation and make appropriate corrections to the subject rolls. If such exemption is granted and such school therefor shall have paid any tax with respect to the subject rolls, the governing body or tax department may, in its sole discretion, provide for the refund of those taxes paid and cancel any taxes, fines, penalties, interest or tax liens 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.

LBD11559-01-9

Reflowed for reading: line numbers and page breaks removed. Cite the official text.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.