S T A T E O F N E W Y O R K
________________________________________________________________________
3512
2025-2026 Regular Sessions
I N S E N A T E
January 28, 2025
___________
Introduced by Sen. BORRELLO -- read twice and ordered printed, and when
printed to be committed to the Committee on Local Government
AN ACT in relation to authorizing the city of Olean assessor to accept
an application for a real property tax exemption from Olean Community
Theatre, Inc.
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 assessor of the county of Cattaraugus is hereby authorized to accept
Olean Community Theatre, Inc. an application for exemption from real
property taxes pursuant to section 420-a of the real property tax law
with respect to the 2021-2022 assessment roll for all of the 2021-2022
school taxes and all of the 2022 general taxes for the parcel conveyed
to such organization located at 127 South Barry Street, city of Olean,
county of Cattaraugus, otherwise known as Cattaraugus county parcel ID
map 94.065 block 7 parcel 38. If accepted, the application shall be
reviewed as if it had been received on or before the taxable status date
established for such 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 assessor, upon
approval by the city of Olean legislature, may 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 applicable governing body or tax department may, in
its sole discretion, provide for the refund of those taxes paid and
cancel those taxes, fines, penalties, liens or interest remaining
unpaid.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08018-01-5