BILL NUMBER: S6163A
SPONSOR: RHOADS
 
TITLE OF BILL:
An act authorizing Maimonides Educational Center to receive retroactive
real property tax exempt status
 
PURPOSE:
The purpose of this bill is to relieve Maimonides Educational Center of
their real property tax burden.
 
SUMMARY OF PROVISIONS:
Section 1 of the bill, authorizes the County of Nassau to accept a
retroactive application for real property tax exemption from Maimonides
Educational Center in the town of Hempstead.
 
JUSTIFICATION:
Maimonides Educational Center is a not-for-profit tax-exempt organiza-
tion. that purchased property located in Nassau County at 2083 Seneca
Gate, Merrick, NY, 11566. The transfer of ownership took place in April
of 2020 and an exemption was filed in a timely manner with the Nassau
County AsseSsor for the 2021/22 tax year. As a result of being unable to
file for property tax exemption for the 2019/20 and 2020/21 tax years,
Maimonides Educational Center was liable for more than a year of proper-
ty taxes, despite their not-for-profit status, therefore necessitating
this legislation. This, legislation would provide with an exemption from
the real property taxes pursuant to 420-a of the Real Property Tax Law.
 
LEGISLATIVE HISTORY:
New bill.
 
FISCAL IMPLICATIONS:
The specific pro-rata amount of the tax return will be calculated by the
Nassau County Treasurer's Office.
 
EFFECTIVE DATE:
This act shall take effect immediately.