Authorizes the county of Nassau assessor to accept an application for a retroactive real property tax exemption from the Incorporated Village of Hempstead Community Development Agency

S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          8117

                               2025-2026 Regular Sessions

                                  I N  A S S E M B L Y

                                       May 1, 2025
                                       ___________

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

        AN ACT in relation to authorizing  the  county  of  Nassau  assessor  to
          accept  an  application  for a retroactive real property tax exemption
          from the Incorporated Village of Hempstead Community Development Agen-
          cy

          THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section 1. Notwithstanding any other provision of law to the contrary,
     2  the assessor of the county of Nassau is hereby authorized to accept from
     3  the  Incorporated  Village  of Hempstead Community Development Agency an
     4  application for exemption from real property taxes pursuant  to  section
     5  420-a  of  the  real  property  tax  law  with respect to the 2020--2021
     6  assessment roll for all of the 2020--2021 school taxes and  all  of  the
     7  2021  general taxes for the parcel conveyed to such organization located
     8  at 40 Byrd Street, town of Hempstead, county of Nassau, otherwise  known
     9  as Nassau county parcel ID section 34 block 224 lot 21. If accepted, the
    10  application  shall  be  reviewed as if it had been received on or before
    11  the taxable status date established for such roll.
    12    If satisfied that such organization would  otherwise  be  entitled  to
    13  such  exemption  if  such  organization  had  filed  an  application for
    14  exemption by the appropriate taxable status  date,  the  assessor,  upon
    15  approval   by  the  Nassau  county  legislature,  may  make  appropriate
    16  correction to the subject rolls. If such exemption is granted  and  such
    17  organization,  therefore,  shall  have  paid any tax with respect to the
    18  subject rolls, the applicable governing body or tax department  may,  in
    19  its  sole  discretion,  provide  for  the refund of those taxes paid and
    20  cancel those  taxes,  fines,  penalties,  liens  or  interest  remaining
    21  unpaid.
    22    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09434-01-5