Do you support this bill?

Senate Bill S5050

2013-2014 Legislative Session

Authorizes the city of New York to implement provisions related to the Foundation for Sephardic Studies, Inc.

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Cities Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

2013-S5050 (ACTIVE) - Details

See Assembly Version of this Bill:
A7153
Current Committee:
Senate Cities
Law Section:
Real Property

2013-S5050 (ACTIVE) - Summary

Authorizes the city of New York to implement real property exemption provisions for certain assessment rolls related to the Foundation for Sephardic Studies, Inc.

2013-S5050 (ACTIVE) - Sponsor Memo

2013-S5050 (ACTIVE) - Bill Text download pdf 

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

                                  5050

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               May 7, 2013
                               ___________

Introduced  by  Sen.  GOLDEN -- read twice and ordered printed, and when
  printed to be committed to the Committee on Cities

AN ACT to authorize the city of New York to implement provisions related
  to the Foundation for Sephardic Studies, Inc.

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

  Section  1. The city of New York is hereby authorized to implement the
provisions of this act, so to prevent the sale and/or foreclosure of tax
liens on a property owned by  Foundation  for  Sephardic  Studies,  Inc.
Notwithstanding  any other provision of law to the contrary, the commis-
sioner of the New York city department of finance is  hereby  authorized
to  accept from Foundation for Sephardic Studies, Inc., a not-for-profit
corporation, an application  for  exemption  from  real  property  taxes
pursuant  to  section  420-a  of  the real property tax law for the 2003
through 2008 assessment rolls, for the parcel owned by such  corporation
in the city of New York, borough of Brooklyn, designated as block 07089,
lot  07  in such borough. If accepted, the application shall be reviewed
as if it had been received on or before the taxable status  date  estab-
lished for such assessment rolls.
  If satisfied that such corporation would otherwise be entitled to such
exemption  if such corporation had filed an application for exemption by
the appropriate taxable status date, the commissioner of  the  New  York
city  department  of  finance,  upon approval by the city council of the
city of New York, may grant exemption from all taxation with respect  to
the subject tax rolls due and owing by such corporation on the effective
date of this act and cancel taxes, fines, penalties and interest remain-
ing  unpaid,  and  make appropriate correction of the subject assessment
rolls.
  S 2. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10753-01-3

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.