Bill Text: NY S06997 | 2011-2012 | General Assembly | Amended

New York Senate Bill 6997 (Prior Session Legislation)

Bill Title: Authorizes the Schenectady city assessor to accept an application for real property tax exemption from the Schenectady Light Opera Company.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2012-07-18 - SIGNED CHAP.238 [S06997 Detail]

Download: New_York-2011-S06997-Amended.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
           S. 6997--A                                            A. 9884--A
                             S E N A T E - A S S E M B L Y
                                    April 19, 2012
                                      ___________
       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 -- committee  discharged,  bill  amended,  ordered  reprinted  as
         amended and recommitted to said committee
       IN  ASSEMBLY -- Introduced by M. of A. TEDISCO -- read once and referred
         to the Committee on Real Property Taxation  --  committee  discharged,
         bill  amended,  ordered  reprinted  as amended and recommitted to said
         committee
       AN ACT to authorize the assessor of the city of Schenectady to accept an
         application for a real property tax exemption for certain property  in
         the city of Schenectady, county 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  the  Schenectady  Light Opera Company an application for exemption
    4  from real property taxes pursuant to section 420-b of the real  property
    5  tax  law  for the 2010 and 2011 assessment rolls, for the parcel located
    6  at 423-427 Franklin Street and 418 Liberty Street, city of  Schenectady,
    7  county  of  Schenectady,  otherwise  known as Schenectady county tax map
    8  section 39.72, block 2, lot 21.1. If accepted, the application shall  be
    9  reviewed as if it had been received on or before the taxable status date
   10  established for such roll.
   11    If  satisfied that the Schenectady Light Opera Company would otherwise
   12  be entitled to such  exemption  if  it  had  filed  an  application  for
   13  exemption  by  the  appropriate  taxable status date, the assessor, upon
   14  approval by the city of Schenectady, may make appropriate correction  to
   15  the  applicable  rolls. If such exemption is granted and the Schenectady
   16  Light Opera Company, therefore, shall have paid any tax with respect  to
   17  the  subject rolls, the applicable governing body or tax department may,
   18  in its sole discretion, provide for the refund of those taxes  paid  and
   19  cancel  those  taxes,  fines,  penalties,  liens,  or interest remaining
   20  unpaid.
   21    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD15416-03-2