BILL NUMBER: S8961
SPONSOR: RHOADS
 
TITLE OF BILL:
An act authorizing the Merrick Hook & Ladder Co. 1 receive retroactive
real property tax exempt status
 
PURPOSE:
Authorizes the Merrick Hook & Ladder Co. 1 fire company receive retroac-
tive real property tax exemption.
 
SUMMARY OF PROVISIONS:
Section 1. Notwithstanding any other provisions of law to the contrary,
the assessor of the county of Nassau is hereby authorized to accept from
the Merrick Hook & Ladder Co. 1, an application from exemption from real
property taxes pursuant to section 464 of the real property tax law with
respect to the 2025-2026 assessment rolls for a portion of 2025-2026
school taxes and a portion of the 2026 general taxes. Parcel information
in the bill. Nassau County tax rolls will be corrected and they will be
reimbursed a portion.
§ 2. This act shall take effect immediately.
 
JUSTIFICATION:
If not for acquiring this real property following the exemption applica-
tion deadline, this fire department would otherwise be entitled to a
full real property tax exemption. This bill permits the assessor of the
County of Nassau to accept the organization's application for exemption
and provide a retroactive exemption back to the time the not-for-profit
acquired the property.
 
LEGISLATIVE HISTORY:
New bill.
 
FISCAL IMPLICATIONS:
None.
 
EFFECTIVE DATE:
This act shall take effect immediately.