Bill Text: NY A10928 | 2017-2018 | General Assembly | Introduced


Bill Title: Authorizes Stride, Inc. to file an application for retroactive real property tax exemption.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-06-20 - substituted by s6942a [A10928 Detail]

Download: New_York-2017-A10928-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          10928
                   IN ASSEMBLY
                                      May 29, 2018
                                       ___________
        Introduced  by M. of A. ASHBY -- read once and referred to the Committee
          on Real Property Taxation
        AN ACT to authorize Stride, Inc. to file an application for  retroactive
          real property tax exemption
          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 town of Sand Lake is  hereby  authorized  to  accept
     3  from  Stride, Inc. an application for exemption from real property taxes
     4  pursuant to section 420-a of the real property tax law for the 2016-2017
     5  assessment roll, for the parcels conveyed to such organization on Novem-
     6  ber 2, 2016, with such parcels being located in the town of Sand Lake at
     7  4482 NY Highway 150, West Sand Lake, Rensselaer  county,  New  York.  If
     8  accepted,  the  application shall be reviewed as if it had been received
     9  on or before the taxable status  date  established  for  such  roll.  If
    10  satisfied  that  such  organization  would otherwise be entitled to such
    11  exemption if such organization had filed an application for exemption by
    12  the appropriate taxable status date, the assessor of the  town  of  Sand
    13  Lake,  upon approval by the town board of such town, may grant exemption
    14  from all taxation beginning on the date of the conveyance of such parcel
    15  to such organization on the effective date of this act and cancel taxes,
    16  fines, penalties and interest remaining unpaid,  and  repay  any  taxes,
    17  fines, penalties and interest paid by such organization, and make appro-
    18  priate correction of the subject roll.
    19    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13527-04-8
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