Bill Text: NY S06997 | 2011-2012 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
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-Introduced.html
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-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 6997 A. 9884 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 IN ASSEMBLY -- Introduced by M. of A. TEDISCO -- read once and referred to the Committee on Real Property Taxation 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 426 of the real property 5 tax law for the 2010-2011 assessment roll, for the parcel located at 826 6 State Street, city of Schenectady, county of Schenectady, otherwise 7 known as Schenectady county tax map section 39.72, block 2, lot 21.1. 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. 10 If satisfied that the Schenectady Light Opera Company would otherwise 11 be entitled to such exemption if it had filed an application for 12 exemption by the appropriate taxable status date, the assessor, upon 13 approval by the city of Schenectady, may make appropriate correction to 14 the applicable rolls. If such exemption is granted and the Schenectady 15 Light Opera Company, therefore, shall have paid any tax with respect to 16 the subject rolls, the applicable governing body or tax department may, 17 in its sole discretion, provide for the refund of those taxes paid and 18 cancel those taxes, fines, penalties, liens, or interest remaining 19 unpaid. 20 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15416-01-2