This bill extends the expiration date for specific provisions regarding refunding bonds from September 30, 2026, to September 30, 2029. Refunding bonds are financial instruments used by local governments to pay off existing debt with new loans, often at lower interest rates. By amending the state's local finance law, the legislation ensures that rules governing these bond transactions remain in effect for an additional three years. The change directly impacts local governments and financial institutions involved in municipal debt management.
Authorizes the South End Children's Cafe Inc. to file an application for a retroactive real property tax exemption with the city of Albany assessor for all applicable taxes from the 2025-2026 assessment rolls.
This bill authorizes the Church of Pentecost, USA, Inc. to receive a retroactive exemption from real property taxes for a specific parcel of land in Sayville, Suffolk County. The legislation directs the town assessor to treat the church's application as if it had been filed on time, allowing the organization to avoid paying taxes for the 2025-2026 assessment period if it qualifies under existing laws. If the exemption is approved, the town may refund any taxes, fines, or penalties the church previously paid and remove any associated tax liens. The act takes effect immediately upon passage.
Authorizes the village of New Hyde Park to file an application for exemption from real property taxes for a portion of the 2024-2025 assessment rolls and all of the 2025 general taxes.
Authorizes the city of Oleans assessor to accept an application for a real property tax exemption from OWH Properties, Inc. (Operation Warm Hearts) for all of the 2025-2026 school taxes and all of the 2025 general taxes.
This bill authorizes the town of Minisink in Orange County to impose a five percent tax on hotel and motel stays. The tax applies to transient guests, including those at bed and breakfast establishments, but excludes permanent residents who stay for at least ninety consecutive days. Revenue generated from the tax will be deposited into the town's general fund to support municipal services and infrastructure. The legislation also outlines how the tax will be collected, the frequency of payments, and the process for appealing tax assessments.
This bill allows the Hicksville Water District to apply for a retroactive exemption from real property taxes for specific years, including 2024-2025 and 2025-2026. The legislation authorizes the Nassau County assessor to treat the district's late application as if it had been submitted on time, provided the district qualifies under existing tax laws. If approved, the district could receive a refund for any taxes already paid on the property located at 109 Stewart Avenue in Hicksville, along with the cancellation of related fines or penalties. The measure requires final approval by the Nassau County legislature before the tax rolls are corrected.
This bill increases the occupancy tax in St. Lawrence County from three percent to five percent. It directly affects guests staying at hotels, motels, apartment hotels, and boarding houses within the county by raising the fee charged on their room rentals. The law allows the county to collect this additional tax on the per diem rental rate for each room, regardless of whether the stay is daily or longer. The change takes effect immediately upon passage.
This bill authorizes the town of Lancaster in Erie County to impose an occupancy tax of up to three percent on overnight lodging. The tax applies to hotels, motels, bed and breakfasts, and tourist facilities, but exempts permanent residents who stay for at least 90 consecutive days. The town can collect the tax through its fiscal officer, and property owners may be responsible for collecting and remitting the tax on behalf of the town. Revenues from the tax will go into the town's general fund for any lawful purpose, and the authorization expires on December 31, 2028.
Authorizes the assessor of the town of Babylon to accept an application for exemption from real property taxes from Tiegerman Community Services, Inc.
