BILL NUMBER: S5019B
SPONSOR: MARTINS
TITLE OF BILL:
An act authorizing the county of Nassau assessor to accept an applica-
tion for a real property tax exemption from Lubavitch of Old Westbury
PURPOSE::
Authorizes the County of Nassau to grant a real property tax exemption
to Lubavitch of Old Westbury
SUMMARY OF PROVISIONS::
Section 1 of the bill authorizes the County of Nassau to accept a retro
active application for real property tax exemption for the property
owned by Lubavitch of Old Westbury. Section 2 is the effective date.
JUSTIFICATION::
Lubavitch of Old. Westbury is a not-for-profit tax-exempt organization
that purchased property located in Nassau County at 153 Bacon Road, Old
Westbury, New York 11568 for use as a synagogue (Nassau County tax map
section 19, block E, lot 2000). The transfer of ownership took place in
May of 2022 after the tax exempt filing deadline for the 22/23 tax
years. Although the exemption was granted, it was not granted retroac-
tively to the date of purchase, therefore necessitating this legis-
lation. This legislation would provide Lubavitch of Old Westbury with an
exemption from real. property taxes pursuant to 462 of the Real Property
Tax Law.
LEGISLATIVE HISTORY::
None.
FISCAL IMPLICATIONS::
None to the state.
EFFECTIVE DATE::
This act shall effect immediately.