Bill > S01483

This bill addresses a clerical error in the 2018 tax assessment for a property owned by Steuben Land Associates, LLC located at 7009 Rumsey Street Extension in the town of Bath, Steuben County. The bill authorizes the town assessor to correct the assessed value of the property to $3,846,200 and requires the town to relevy the school taxes for the year of the error. To compensate the Bath Central School District for the revenue shortfall caused by this assessment mistake, the bill appropriates $500,000 in state aid, which will be granted by the commissioner of taxation and finance and paid from the state treasury's general fund local assistance account. The purpose of this additional funding is to ensure that the school district does not suffer financial harm due to the clerical error. The bill would take effect immediately upon passage.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S1483