BILL NUMBER: S3512
SPONSOR: BORRELLO
 
TITLE OF BILL:
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.
 
PURPOSE OR GENERAL IDEA OF BILL:
This bill authorizes the city of Olean assessor to accept an application
for a real property tax exemption from Olean Community Theatre, Inc.
with respect to the 2021-2022 assessment roll.
 
SUMMARY OF PROVISIONS:
Section 1 authorizes the assessor of the county of Cattaraugus to accept
Olean Community Theatre, Ince. An application for exemption from real
property tax law with respect to the 2021-2022 assessment roll for all
the 2021-2022 school taxes and all of the general taxes. This is for the
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.
Section 2 provides that the act shall take effective immediately.
 
JUSTIFICATION:
Olean Community Theatre, Inc. is an all-volunteer non-profit organiza-
tion that has been providing quality on-stage and behind-the-scenes
theater experiences to individuals of all ages and backgrounds with the
goal of stimulating and encouraging broad public participation in the
dramatic arts since 1979. This legislation would allow Olean Community
Theatre, Inc. to file for an exemption from real property taxes for a
parcel that has been granted an exemption going forward which will allow
for the organization to continue their work in bring the community
together through dramatic arts.
 
LEGISLATIVE HISTORY:
2024: S8227/A8946 Referred to Local Government
 
EFFECTIVE DATE:
The legislation would take effective immediately upon adoption.