S T A T E O F N E W Y O R K
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10412
I N A S S E M B L Y
May 24, 2024
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Introduced by COMMITTEE ON RULES -- (at request of M. of A. Eichenstein)
-- read once and referred to the Committee on Real Property Taxation
AN ACT in relation to permitting Agudath Israel Youth of Boro Park to
file an application for a real property tax exemption
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 Agudath Israel Youth of Boro Park an applica-
tion for exemption from real property taxes pursuant to section 420-a
and 462 of the real property tax law with respect to the tax years
2019-2020, 2020-2021, 2021-2022, 2022-2023, and 2023-2024 assessment
rolls for all of the school taxes and all of the general taxes for the
parcel owned by such organization located at 1561 50th Street, borough
of Brooklyn, county of Kings, otherwise known as block 05453, lot 51. If
accepted, the application shall be reviewed as if it had been received
on or before the taxable status date established for such assessment
roll.
If satisfied that such organization would otherwise be entitled to
such exemption if such organization 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 coun-
cil of the city of New York, may grant exemption from all taxation
beginning with the date of acquisition of the property by such entity
and make appropriate correction to the subject roll. If such exemption
is granted and such organization, therefore, shall have paid any tax
with respect to the subject roll, the department of finance may, in its
sole discretion, provide for the refund of those taxes paid and cancel
those taxes, fines, penalties, liens or interest remaining unpaid.
ยง 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15769-01-4