Bill > S04325

This bill authorizes the Nassau County assessor to accept a retroactive property tax exemption application from Powell House, a non-profit organization located at 33 Merritts Road in the village of Farmingdale. Specifically, the bill allows Powell House to apply for a tax exemption under section 420-a of the real property tax law for the 2024 and 2025 assessment rolls, covering a portion of the 2024-2025 school taxes and 2025 general taxes. If the assessor determines that Powell House would have qualified for the exemption had they filed on time, the assessor can, with approval from the Nassau County legislature, make corrections to the tax rolls. Additionally, if Powell House has already paid taxes for these periods, the governing body or tax department may choose to refund those taxes or cancel any remaining unpaid taxes, fines, penalties, liens, or interest. The bill provides a rare opportunity for the organization to retroactively secure a property tax exemption that they might have missed due to missed filing deadlines.

Budget and Finance, Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S4325