What's happening
This bill allows Bokharian Communities Center Inc. in Queens to receive a retroactive property tax exemption for tax years 2013-2014.
Why it matters
Retroactively granting a tax exemption sets a precedent. this bill allows a nonprofit to receive a property tax benefit for past years, which is unusual and could influence how similar cases are handled in the future across New York.
Direct financial impact for the organization. Bokharian Communities Center Inc. could see significant relief from unpaid tax bills and accrued interest, freeing up resources for its religious and community activities.
Highlights the importance of property use and nonprofit status. the exemption is only permitted because the property was both owned by the nonprofit and used exclusively for religious purposes, underscoring strict compliance requirements for such tax benefits.
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Bokharian Communities Center Inc
The bill would allow a property tax exemption for its Queens property for 2013-2014 if it demonstrates qualifying ownership arrangements and exclusive religious use.
New York City tax assessor
The assessor would have to grant the exemption if satisfied that the property meets the bill’s criteria and the organization otherwise qualifies.
New York City government
The city could cancel unpaid property taxes and accrued interest for the covered years when the property was held for the center’s benefit.
Headline styles
Tax Break for Bokharian Center
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to local government
- 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.
Tax Break for Bokharian Center
In Assembly Committee · Real Property Taxation · Sponsor David Weprin
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
5876
2019-2020 Regular Sessions
IN SENATE
May 16, 2019
Introduced by Sen. LIU -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government
AN ACT to provide a real property tax exemption for Bokharian Communities Center Inc.
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Notwithstanding any other provision of this act or any other law to the contrary, real property designated on the tax map of the city of New York as Block 7248 Lot 44 in the borough of Queens, may be eligible for exemption from real property taxes pursuant to section 420-a of the real property tax law for tax years 2013-2014, based upon a showing that the real property was purchased and held on behalf of Bokharian Communities Center Inc. for these tax years, and the property has been used exclusively by such organization for carrying out religious purposes and is currently being used for such purposes. If satisfied that the real property meets the criteria above and such not-forprofit organization would otherwise be entitled to such exemption, the assessor shall grant an exemption for the above-referenced tax years and the city of New York may cancel and annul any unpaid real property taxes that accrued on such property for the tax years when the property was held for the benefit of Bokharian Communities Center Inc., together with any interest accruing on such unpaid real property taxes.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08585-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to provide a real property tax exemption for Bokharian Communities Center Inc.
Purpose or general idea of bill
This bill will authorize the City of New York to Bokharian Communities Center, Inc. an application for retroactive real property tax exemption for the 2013-14 assessment roll.
Summary of provisions
Section 1 gives authorization to the City of New York and Section 2 is the effective date.
Justification
Bokharian Communities Center, Inc. purchased the property located at Block 7248, Lot 44 in the borough of Queens after the taxable status date for the assessment roll. This bill would authorize the City of New York to accept an application from the Bokharian Communities Center, Inc. for exemption from real property taxes pursuant to Section 462 of the real property tax law.
Fiscal implications for state and local governments
None to the State.
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.