S T A T E O F N E W Y O R K
________________________________________________________________________
6204
2015-2016 Regular Sessions
I N A S S E M B L Y
March 17, 2015
___________
Introduced by M. of A. HIKIND -- read once and referred to the Committee
on Real Property Taxation
AN ACT to authorize Yeshiva Shareh Torah to file an application for
exemption from real property taxes for certain assessment rolls
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any other provision of law to the contrary,
the commissioner of the New York city department of finance is hereby
authorized to accept from Yeshiva Shareh Torah, a not-for-profit corpo-
ration, an application for exemption from real property taxes pursuant
to section 420-a of the real property tax law for the 1992-1993 through
2007-2008 assessment rolls, for the parcel owned by such corporation in
the city of New York, borough of Brooklyn, designated as block 5477, lot
27 in such borough. If accepted, the application shall be reviewed as if
it had been received on or before the taxable status date established
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.
LBD09395-01-5