Authorizes the village of New Hyde Park to file an application for exemption from real property taxes
Allows New Hyde Park to seek post-dating real property tax exemptions for specific parcels, with possible refunds or roll corrections if eligible.
Allows New Hyde Park to seek post-dating real property tax exemptions for specific parcels, with possible refunds or roll corrections if eligible.
Authorizes the village of New Hyde Park to file an application for exemption from real property taxes for certain parcels within Nassau County. The bill provides a process for accepting and reviewing an exemption application after the taxable status date and offers potential tax refunds or cancellations if eligibility would have been met had the application been timely filed.
Scope of exemption eligibility:
The Nassau County assessor may accept an exemption application under Real Property Tax Law § 406 from the village of New Hyde Park for:
Timing and deemed timely processing:
If the village submits the application, it shall be reviewed as if received on or before the taxable status date established for the relevant assessment roll.
Eligibility determination and corrections:
If the assessor finds that the organization would otherwise be entitled to the exemption had the application been filed by the appropriate taxable status date, the Nassau County Legislature’s approval is required to make corrections to the subject rolls.
Financial remedies if exemption granted:
If the exemption is granted and the organization has already paid taxes on the subject rolls, the applicable governing body or tax department may (at its sole discretion):
Effective date:
The act takes effect immediately upon enactment.
Overall, A 11268 creates a narrowly tailored eligibility pathway and post-filing remedy for a named set of properties within New Hyde Park to obtain an exemption from real property taxes for specified tax years.
Compiled from official sources — confirm details with the bill’s official record.
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