Bill Text: NY S01172 | 2009-2010 | General Assembly | Introduced


Bill Title: Authorizes the city of Schenectady to accept an application for real property tax exemption from Union Graduate College.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2010-08-30 - SIGNED CHAP.456 [S01172 Detail]

Download: New_York-2009-S01172-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
           S. 1172                                                  A. 3336
                              2009-2010 Regular Sessions
                             S E N A T E - A S S E M B L Y
                                   January 27, 2009
                                      ___________
       IN  SENATE -- Introduced by Sen. FARLEY -- read twice and ordered print-
         ed, and when printed to be committed to the Committee on Local Govern-
         ment
       IN ASSEMBLY -- Introduced by M. of A. TEDISCO -- read once and  referred
         to the Committee on Real Property Taxation
       AN  ACT  to  authorize Union Graduate College to file an application for
         real property tax exemption in the city of Schenectady
         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 city of Schenectady is hereby authorized to accept
    3  from Union Graduate College an application for exemption from real prop-
    4  erty taxes pursuant to section 420-a of the real property  tax  law  for
    5  the  2008  assessment  roll  for the parcel owned by such not-for-profit
    6  organization which is located in the  city  of  Schenectady,  county  of
    7  Schenectady  at 80 Nott Terrace, otherwise known as section 39.73, block
    8  2, lot 2. If accepted, such application shall be reviewed as if  it  had
    9  been  received on or before the taxable status date established for such
   10  roll.
   11    If satisfied that Union Graduate College would otherwise  be  entitled
   12  to  such  exemption  if it had filed an application for exemption by the
   13  appropriate taxable status date, the assessor of the city of Schenectady
   14  may upon approval by the city council of such city, grant exemption from
   15  taxation based on the 2008 assessment roll and owing  by  such  not-for-
   16  profit  organization  on the effective date of this act, and make appro-
   17  priate correction of the subject roll. If such exemption is granted  and
   18  if such not-for-profit organization shall have paid any tax with respect
   19  to  the  subject  roll, the governing body or tax department may, in its
   20  sole discretion, provide for the refund of those taxes paid  and  cancel
   21  taxes, fines, penalties or interest remaining unpaid.
   22    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD07037-01-9
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