S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2273
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             January 12, 2017
                                ___________
 
 Introduced  by  Sens.  HANNON, AVELLA -- read twice and ordered printed,
   and when printed to be committed to the Committee on Local Government
 
 AN ACT to amend the real property tax law, in  relation  to  granting  a
   real  property  tax exemption to nonprofit organizations that purchase
   real property after the taxable status date

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.   Subdivision 13 of section 420-a of the real property tax
 law, as added by chapter 630 of the laws of 1997, is renumbered subdivi-
 sion 15 and a new subdivision 16 is added to read as follows:
   16. (A) (I) FOR THE PURPOSES OF THIS  SUBDIVISION,  "MUNICIPAL  CORPO-
 RATION"  SHALL  MEAN  A  COUNTY,  CITY, TOWN, VILLAGE OR SCHOOL DISTRICT
 WHICH, AFTER PUBLIC HEARING, ADOPTS A LOCAL  LAW,  ORDINANCE  OR  RESOL-
 UTION,  PROVIDING THAT THIS SUBDIVISION SHALL BE APPLICABLE TO NONPROFIT
 ORGANIZATIONS WITHIN ITS JURISDICTION.  SUCH  LOCAL  LAW,  ORDINANCE  OR
 RESOLUTION  SHALL  APPLY TO PROPERTY TRANSFERS OCCURRING ON OR AFTER THE
 EFFECTIVE DATE OF SUCH LOCAL LAW, ORDINANCE OR  RESOLUTION.  A  COPY  OF
 SUCH  LOCAL LAW, ORDINANCE OR RESOLUTION SHALL BE FILED WITH THE COMMIS-
 SIONER.
   (II) WHERE A NONPROFIT ORGANIZATION THAT MEETS THE REQUIREMENTS FOR AN
 EXEMPTION PURSUANT TO THIS SECTION, PURCHASES PROPERTY AFTER THE LEVY OF
 TAXES, SUCH NONPROFIT ORGANIZATION MAY, IF PERMITTED  BY  A  LOCAL  LAW,
 ORDINANCE  OR  RESOLUTION  OF  THE  MUNICIPAL  CORPORATION  IN WHICH THE
 NONPROFIT ORGANIZATION IS LOCATED, FILE  AN  APPLICATION  FOR  EXEMPTION
 WITH  THE  ASSESSOR  NO LATER THAN THE TIME SPECIFIED IN SUCH LOCAL LAW,
 ORDINANCE OR RESOLUTION.   THE ASSESSOR SHALL MAKE  A  DETERMINATION  OF
 WHETHER  THE  PARCEL  WOULD  HAVE QUALIFIED FOR EXEMPT STATUS ON THE TAX
 ROLL ON WHICH THE TAXES WERE LEVIED, HAD TITLE TO THE PARCEL BEEN IN THE
 NAME OF THE APPLICANT ON THE TAXABLE STATUS DATE APPLICABLE TO  THE  TAX
 ROLL. THE APPLICATION SHALL BE ON A FORM PRESCRIBED BY THE COMMISSIONER.
 THE  ASSESSOR,  NO LATER THAN THIRTY DAYS AFTER RECEIPT OF SUCH APPLICA-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD02903-01-7

 S. 2273                             2
 
 TION, SHALL NOTIFY BOTH  THE  APPLICANT  AND  THE  BOARD  OF  ASSESSMENT
 REVIEW, BY FIRST CLASS MAIL, OF THE EXEMPT AMOUNT, IF ANY, AND THE RIGHT
 OF THE OWNER TO A REVIEW OF THE EXEMPT AMOUNT UPON THE FILING OF A WRIT-
 TEN  COMPLAINT.  SUCH  COMPLAINT  SHALL  BE  ON A FORM PRESCRIBED BY THE
 COMMISSIONER AND SHALL BE FILED WITH  THE  BOARD  OF  ASSESSMENT  REVIEW
 WITHIN  TWENTY  DAYS  OF  THE MAILING OF SUCH NOTICE. IF NO COMPLAINT IS
 RECEIVED, THE BOARD OF ASSESSMENT REVIEW SHALL SO  NOTIFY  THE  ASSESSOR
 AND  THE EXEMPT AMOUNT DETERMINED BY THE ASSESSOR SHALL BE FINAL. IF THE
 APPLICANT FILES A COMPLAINT, THE BOARD OF ASSESSMENT REVIEW SHALL SCHED-
 ULE A TIME AND PLACE FOR A HEARING WITH RESPECT THERETO  NO  LATER  THAN
 THIRTY  DAYS AFTER THE MAILING OF THE NOTICE BY THE ASSESSOR.  THE BOARD
 OF ASSESSMENT REVIEW SHALL MEET AND DETERMINE  THE  EXEMPT  AMOUNT,  AND
 SHALL  IMMEDIATELY NOTIFY THE ASSESSOR AND THE APPLICANT, BY FIRST CLASS
 MAIL, OF ITS DETERMINATION. THE AMOUNT OF EXEMPTION DETERMINED  PURSUANT
 TO  THIS  PARAGRAPH  SHALL  BE  SUBJECT TO REVIEW AS PROVIDED IN ARTICLE
 SEVEN OF THIS CHAPTER. SUCH A PROCEEDING SHALL BE COMMENCED WITHIN THIR-
 TY DAYS OF THE MAILING OF THE NOTICE OF THE BOARD OF  ASSESSMENT  REVIEW
 TO THE NEW OWNER AS PROVIDED IN THIS PARAGRAPH.
   (III) UPON RECEIPT OF A DETERMINATION OF THE EXEMPT AMOUNT AS PROVIDED
 IN SUBPARAGRAPH (II) OF THIS PARAGRAPH, THE ASSESSOR SHALL DETERMINE THE
 PRO  RATA  EXEMPTION  TO BE CREDITED TOWARD SUCH PROPERTY BY MULTIPLYING
 THE TAX RATE OR TAX RATES FOR EACH MUNICIPAL  CORPORATION  WHICH  LEVIED
 TAXES,  OR FOR WHICH TAXES WERE LEVIED, ON THE APPROPRIATE TAX ROLL USED
 FOR THE FISCAL YEAR OR YEARS DURING WHICH THE  TRANSFER  OCCURRED  TIMES
 THE EXEMPT AMOUNT, AS DETERMINED IN SUBPARAGRAPH (II) OF THIS PARAGRAPH,
 TIMES  THE FRACTION OF EACH FISCAL YEAR OR YEARS REMAINING SUBSEQUENT TO
 THE TRANSFER OF TITLE.  THE ASSESSOR SHALL IMMEDIATELY TRANSMIT A STATE-
 MENT OF THE PRO RATA EXEMPTION CREDIT DUE TO EACH MUNICIPAL  CORPORATION
 WHICH  LEVIED  TAXES OR FOR WHICH TAXES WERE LEVIED ON THE TAX ROLL USED
 FOR THE FISCAL YEAR OR YEARS DURING WHICH THE TRANSFER OCCURRED  AND  TO
 THE APPLICANT.
   (IV)  EACH  MUNICIPAL  CORPORATION  WHICH  RECEIVES NOTICE OF PRO RATA
 EXEMPTION CREDITS PURSUANT TO THIS SUBDIVISION SHALL INCLUDE  AN  APPRO-
 PRIATION  IN  ITS BUDGET FOR THE NEXT FISCAL YEAR EQUAL TO THE AGGREGATE
 AMOUNT OF SUCH CREDITS TO BE  APPLIED  IN  THAT  FISCAL  YEAR.  WHERE  A
 PARCEL,  THE  OWNER OF WHICH IS ENTITLED TO A PRO RATA EXEMPTION CREDIT,
 IS SUBJECT TO TAXATION IN SAID NEXT FISCAL YEAR, THE RECEIVER OR COLLEC-
 TOR SHALL APPLY THE CREDIT TO REDUCE THE AMOUNT OF TAXES  OWED  FOR  THE
 PARCEL  IN SUCH FISCAL YEAR. PRO RATA EXEMPTION CREDITS IN EXCESS OF THE
 AMOUNT OF TAXES, IF ANY, OWED FOR THE PARCEL SHALL BE PAID BY THE TREAS-
 URER OF A MUNICIPAL CORPORATION WHICH LEVIES SUCH TAXES FOR OR ON BEHALF
 OF THE MUNICIPAL CORPORATION TO ALL OWNERS OF PROPERTY ENTITLED TO  SUCH
 CREDITS  WITHIN  THIRTY DAYS OF THE EXPIRATION OF THE WARRANT TO COLLECT
 TAXES IN SAID NEXT FISCAL YEAR.   NOTWITHSTANDING THE  FOREGOING,  WHERE
 THE  MUNICIPAL  CORPORATION  HAS  BEEN  REIMBURSED  BY ANOTHER MUNICIPAL
 CORPORATION FOR THE TAX CREDIT TO BE PAID TO THE OWNER PURSUANT TO  THIS
 SUBDIVISION,  SUCH  CREDIT  SHALL  BE PAID TO SUCH MUNICIPAL CORPORATION
 INSTEAD OF SUCH OWNER.
   (B) (I) NOTWITHSTANDING  THE  PROVISIONS  OF  THIS  SECTION,  WHERE  A
 NONPROFIT  ORGANIZATION  THAT  MEETS  THE  REQUIREMENTS FOR AN EXEMPTION
 PURSUANT TO THIS SECTION, PURCHASES PROPERTY AFTER  THE  TAXABLE  STATUS
 DATE BUT PRIOR TO THE LEVY OF TAXES, SUCH NONPROFIT ORGANIZATION MAY, IF
 PERMITTED  BY  A  LOCAL  LAW,  ORDINANCE  OR RESOLUTION OF THE MUNICIPAL
 CORPORATION IN WHICH THE NONPROFIT  ORGANIZATION  IS  LOCATED,  FILE  AN
 APPLICATION FOR AN EXEMPTION WITH THE ASSESSOR WITHIN THIRTY DAYS OF THE
 TRANSFER  OF  TITLE  TO SUCH NONPROFIT ORGANIZATION.  THE ASSESSOR SHALL

 S. 2273                             3
 
 MAKE A DETERMINATION WITHIN THIRTY DAYS AFTER RECEIPT OF  SUCH  APPLICA-
 TION OF WHETHER THE APPLICANT WOULD QUALIFY FOR AN EXEMPTION PURSUANT TO
 THIS SECTION ON THE ASSESSMENT ROLL IF TITLE HAD BEEN IN THE NAME OF THE
 APPLICANT ON THE TAXABLE STATUS DATE APPLICABLE TO SUCH ASSESSMENT ROLL.
 THE APPLICATION SHALL BE MADE ON A FORM PRESCRIBED BY THE COMMISSIONER.
   (II)  IF  THE  ASSESSOR'S DETERMINATION IS MADE PRIOR TO THE FILING OF
 THE TENTATIVE ASSESSMENT ROLL,  THE  ASSESSOR  SHALL  ENTER  THE  EXEMPT
 AMOUNT,  IF  ANY,  ON THE TENTATIVE ASSESSMENT ROLL AND, WITHIN TEN DAYS
 AFTER FILING SUCH ROLL, NOTIFY THE APPLICANT OF THE APPROVAL  OR  DENIAL
 OF  SUCH EXEMPTION, THE EXEMPT AMOUNT, IF ANY, AND THE APPLICANT'S RIGHT
 TO REVIEW BY THE BOARD OF ASSESSMENT REVIEW.
   (III) IF THE ASSESSOR'S DETERMINATION IS MADE AFTER THE FILING OF  THE
 TENTATIVE  ASSESSMENT  ROLL,  THE  ASSESSOR  SHALL PETITION THE BOARD OF
 ASSESSMENT REVIEW TO CORRECT THE TENTATIVE OR FINAL ASSESSMENT  ROLL  IN
 THE MANNER PROVIDED IN TITLE THREE OF ARTICLE FIVE OF THIS CHAPTER, WITH
 RESPECT  TO  UNLAWFUL ENTRIES, IN THE CASE OF WHOLLY EXEMPT PARCELS, AND
 WITH RESPECT OF  CLERICAL  ERRORS,  IN  THE  CASE  OF  PARTIALLY  EXEMPT
 PARCELS,  IF THE ASSESSOR DETERMINES THAT AN EXEMPTION SHOULD BE GRANTED
 AND, WITHIN TEN DAYS OF PETITIONING  THE  BOARD  OF  ASSESSMENT  REVIEW,
 NOTIFY  THE  APPLICANT  OF THE APPROVAL OR DENIAL OF SUCH EXEMPTION, THE
 AMOUNT OF SUCH EXEMPTION, IF ANY, AND THE APPLICANT'S RIGHT TO  ADMINIS-
 TRATIVE  OR  JUDICIAL  REVIEW  OF SUCH DETERMINATION PURSUANT TO ARTICLE
 FIVE OR SEVEN OF THIS CHAPTER, RESPECTIVELY.
   (C) IF, FOR ANY REASON, A DETERMINATION TO EXEMPT PROPERTY FROM  TAXA-
 TION  AS PROVIDED IN PARAGRAPH (B) OF THIS SUBDIVISION IS NOT ENTERED ON
 THE FINAL ASSESSMENT ROLL, THE ASSESSOR  SHALL  PETITION  THE  BOARD  OF
 ASSESSMENT REVIEW TO CORRECT THE FINAL ASSESSMENT ROLL.
   (D)  IF,  FOR ANY REASON, THE PRO RATA TAX CREDIT AS PROVIDED IN PARA-
 GRAPH (A) OF THIS SUBDIVISION IS NOT EXTENDED AGAINST THE TAX ROLL IMME-
 DIATELY SUCCEEDING THE FISCAL YEAR DURING WHICH THE  TRANSFER  OCCURRED,
 THE  ASSESSOR  SHALL  IMMEDIATELY NOTIFY THE MUNICIPAL CORPORATION WHICH
 LEVIED THE TAX OR FOR WHICH THE TAXES WERE LEVIED OF THE AMOUNT  OF  PRO
 RATA  EXEMPTION  CREDITS  FOR  THE YEAR IN WHICH SUCH TRANSFER OCCURRED.
 SUCH MUNICIPAL CORPORATION SHALL PROCEED  AS  PROVIDED  IN  SUBPARAGRAPH
 (IV) OF PARAGRAPH (A) OF THIS SUBDIVISION.
   (E)  IF, FOR ANY REASON, A DETERMINATION TO EXEMPT PROPERTY FROM TAXA-
 TION AS PROVIDED IN PARAGRAPH (B) OF THIS SUBDIVISION IS NOT ENTERED  ON
 THE  TAX ROLL FOR THE YEAR IMMEDIATELY SUCCEEDING THE FISCAL YEAR DURING
 WHICH THE TRANSFER OCCURRED, THE ASSESSOR SHALL DETERMINE THE  PRO  RATA
 TAX  EXEMPTION  CREDIT  FOR SUCH TAX ROLL BY MULTIPLYING THE TAX RATE OR
 TAX RATES FOR EACH MUNICIPAL CORPORATION WHICH LEVIED TAXES OR FOR WHICH
 TAXES WERE LEVIED TIMES THE EXEMPT AMOUNT AND SHALL  IMMEDIATELY  NOTIFY
 SUCH  MUNICIPAL  CORPORATION  OR  CORPORATIONS OF THE PRO RATA EXEMPTION
 CREDITS FOR SUCH TAX ROLL. SUCH MUNICIPAL CORPORATION SHALL ADD SUCH PRO
 RATA EXEMPTION CREDITS FOR SUCH PROPERTY TO  ANY  OUTSTANDING  PRO  RATA
 EXEMPTION  AMOUNTS AND PROCEED AS PROVIDED IN SUBPARAGRAPH (IV) OF PARA-
 GRAPH (A) OF THIS SUBDIVISION.
   § 2.  Section 420-b of the real property tax law is amended by  adding
 a new subdivision 8 to read as follows:
   8.  (A)  (I)  FOR  THE PURPOSES OF THIS SUBDIVISION, "MUNICIPAL CORPO-
 RATION" SHALL MEAN A COUNTY, CITY,  TOWN,  VILLAGE  OR  SCHOOL  DISTRICT
 WHICH,  AFTER  PUBLIC  HEARING,  ADOPTS A LOCAL LAW, ORDINANCE OR RESOL-
 UTION, PROVIDING THAT THIS SUBDIVISION SHALL BE APPLICABLE TO  NONPROFIT
 ORGANIZATIONS  WITHIN  ITS  JURISDICTION.  SUCH  LOCAL LAW, ORDINANCE OR
 RESOLUTION SHALL APPLY TO PROPERTY TRANSFERS OCCURRING ON OR  AFTER  THE
 EFFECTIVE  DATE  OF  SUCH  LOCAL LAW, ORDINANCE OR RESOLUTION. A COPY OF

 S. 2273                             4
 
 SUCH LOCAL LAW, ORDINANCE OR RESOLUTION SHALL BE FILED WITH THE  COMMIS-
 SIONER.
   (II) WHERE A NONPROFIT ORGANIZATION THAT MEETS THE REQUIREMENTS FOR AN
 EXEMPTION PURSUANT TO THIS SECTION, PURCHASES PROPERTY AFTER THE LEVY OF
 TAXES,  SUCH  NONPROFIT  ORGANIZATION  MAY FILE, IF PERMITTED BY A LOCAL
 LAW, ORDINANCE OR RESOLUTION OF THE MUNICIPAL CORPORATION IN  WHICH  THE
 NONPROFIT ORGANIZATION IS LOCATED, AN APPLICATION FOR EXEMPTION WITH THE
 ASSESSOR  NO  LATER THAN THE TIME SPECIFIED IN SUCH LOCAL LAW, ORDINANCE
 OR RESOLUTION.  THE ASSESSOR SHALL MAKE A DETERMINATION OF  WHETHER  THE
 PARCEL  WOULD  HAVE QUALIFIED FOR EXEMPT STATUS ON THE TAX ROLL ON WHICH
 THE TAXES WERE LEVIED, HAD TITLE TO THE PARCEL BEEN IN THE NAME  OF  THE
 APPLICANT  ON  THE  TAXABLE  STATUS DATE APPLICABLE TO THE TAX ROLL. THE
 APPLICATION SHALL BE ON A  FORM  PRESCRIBED  BY  THE  COMMISSIONER.  THE
 ASSESSOR,  NO  LATER THAN THIRTY DAYS AFTER RECEIPT OF SUCH APPLICATION,
 SHALL NOTIFY BOTH THE APPLICANT AND THE BOARD OF ASSESSMENT  REVIEW,  BY
 FIRST  CLASS  MAIL,  OF  THE EXEMPT AMOUNT, IF ANY, AND THE RIGHT OF THE
 OWNER TO A REVIEW OF THE EXEMPT AMOUNT UPON  THE  FILING  OF  A  WRITTEN
 COMPLAINT.  SUCH  COMPLAINT SHALL BE ON A FORM PRESCRIBED BY THE COMMIS-
 SIONER AND SHALL BE FILED WITH THE BOARD  OF  ASSESSMENT  REVIEW  WITHIN
 TWENTY  DAYS OF THE MAILING OF SUCH NOTICE. IF NO COMPLAINT IS RECEIVED,
 THE BOARD OF ASSESSMENT REVIEW SHALL SO  NOTIFY  THE  ASSESSOR  AND  THE
 EXEMPT  AMOUNT  DETERMINED BY THE ASSESSOR SHALL BE FINAL. IF THE APPLI-
 CANT FILES A COMPLAINT, THE BOARD OF ASSESSMENT REVIEW SHALL SCHEDULE  A
 TIME  AND  PLACE FOR A HEARING WITH RESPECT THERETO NO LATER THAN THIRTY
 DAYS AFTER THE MAILING OF THE NOTICE BY THE  ASSESSOR.    THE  BOARD  OF
 ASSESSMENT  REVIEW SHALL MEET AND DETERMINE THE EXEMPT AMOUNT, AND SHALL
 IMMEDIATELY NOTIFY THE ASSESSOR AND THE APPLICANT, BY FIRST CLASS  MAIL,
 OF  ITS  DETERMINATION.  THE  AMOUNT OF EXEMPTION DETERMINED PURSUANT TO
 THIS PARAGRAPH SHALL BE SUBJECT TO REVIEW AS PROVIDED IN  ARTICLE  SEVEN
 OF THIS CHAPTER. SUCH A PROCEEDING SHALL BE COMMENCED WITHIN THIRTY DAYS
 OF  THE  MAILING  OF THE NOTICE OF THE BOARD OF ASSESSMENT REVIEW TO THE
 NEW OWNER AS PROVIDED IN THIS PARAGRAPH.
   (III) UPON RECEIPT OF A DETERMINATION OF THE EXEMPT AMOUNT AS PROVIDED
 IN SUBPARAGRAPH (II) OF THIS PARAGRAPH, THE ASSESSOR SHALL DETERMINE THE
 PRO RATA EXEMPTION TO BE CREDITED TOWARD SUCH  PROPERTY  BY  MULTIPLYING
 THE  TAX  RATE  OR TAX RATES FOR EACH MUNICIPAL CORPORATION WHICH LEVIED
 TAXES, OR FOR WHICH TAXES WERE LEVIED, ON THE APPROPRIATE TAX ROLL  USED
 FOR  THE  FISCAL  YEAR OR YEARS DURING WHICH THE TRANSFER OCCURRED TIMES
 THE EXEMPT AMOUNT, AS DETERMINED IN SUBPARAGRAPH (II) OF THIS PARAGRAPH,
 TIMES THE FRACTION OF EACH FISCAL YEAR OR YEARS REMAINING SUBSEQUENT  TO
 THE TRANSFER OF TITLE.  THE ASSESSOR SHALL IMMEDIATELY TRANSMIT A STATE-
 MENT  OF THE PRO RATA EXEMPTION CREDIT DUE TO EACH MUNICIPAL CORPORATION
 WHICH LEVIED TAXES OR FOR WHICH TAXES WERE LEVIED ON THE TAX  ROLL  USED
 FOR  THE  FISCAL YEAR OR YEARS DURING WHICH THE TRANSFER OCCURRED AND TO
 THE APPLICANT.
   (IV) EACH MUNICIPAL CORPORATION WHICH  RECEIVES  NOTICE  OF  PRO  RATA
 EXEMPTION  CREDITS  PURSUANT TO THIS SUBDIVISION SHALL INCLUDE AN APPRO-
 PRIATION IN ITS BUDGET FOR THE NEXT FISCAL YEAR EQUAL TO  THE  AGGREGATE
 AMOUNT  OF  SUCH  CREDITS  TO  BE  APPLIED  IN THAT FISCAL YEAR. WHERE A
 PARCEL, THE OWNER OF WHICH IS ENTITLED TO A PRO RATA  EXEMPTION  CREDIT,
 IS SUBJECT TO TAXATION IN SAID NEXT FISCAL YEAR, THE RECEIVER OR COLLEC-
 TOR  SHALL  APPLY  THE CREDIT TO REDUCE THE AMOUNT OF TAXES OWED FOR THE
 PARCEL IN SUCH FISCAL YEAR. PRO RATA EXEMPTION CREDITS IN EXCESS OF  THE
 AMOUNT OF TAXES, IF ANY, OWED FOR THE PARCEL SHALL BE PAID BY THE TREAS-
 URER OF A MUNICIPAL CORPORATION WHICH LEVIES SUCH TAXES FOR OR ON BEHALF
 OF  THE MUNICIPAL CORPORATION TO ALL OWNERS OF PROPERTY ENTITLED TO SUCH

 S. 2273                             5
 
 CREDITS WITHIN THIRTY DAYS OF THE EXPIRATION OF THE WARRANT  TO  COLLECT
 TAXES  IN  SAID  NEXT FISCAL YEAR.  NOTWITHSTANDING THE FOREGOING, WHERE
 THE MUNICIPAL CORPORATION  HAS  BEEN  REIMBURSED  BY  ANOTHER  MUNICIPAL
 CORPORATION  FOR THE TAX CREDIT TO BE PAID TO THE OWNER PURSUANT TO THIS
 SUBDIVISION, SUCH CREDIT SHALL BE PAID  TO  SUCH  MUNICIPAL  CORPORATION
 INSTEAD OF SUCH OWNER.
   (B)  (I)  NOTWITHSTANDING  THE  PROVISIONS  OF  THIS  SECTION, WHERE A
 NONPROFIT ORGANIZATION THAT MEETS  THE  REQUIREMENTS  FOR  AN  EXEMPTION
 PURSUANT  TO  THIS  SECTION, PURCHASES PROPERTY AFTER THE TAXABLE STATUS
 DATE BUT PRIOR TO THE LEVY OF TAXES, SUCH NONPROFIT ORGANIZATION MAY, IF
 PERMITTED BY A LOCAL LAW,  ORDINANCE  OR  RESOLUTION  OF  THE  MUNICIPAL
 CORPORATION  IN  WHICH  THE  NONPROFIT  ORGANIZATION IS LOCATED, FILE AN
 APPLICATION FOR AN EXEMPTION WITH THE ASSESSOR WITHIN THIRTY DAYS OF THE
 TRANSFER OF TITLE TO SUCH NONPROFIT ORGANIZATION.   THE  ASSESSOR  SHALL
 MAKE  A  DETERMINATION WITHIN THIRTY DAYS AFTER RECEIPT OF SUCH APPLICA-
 TION OF WHETHER THE APPLICANT WOULD QUALIFY FOR AN EXEMPTION PURSUANT TO
 THIS SECTION ON THE ASSESSMENT ROLL IF TITLE HAD BEEN IN THE NAME OF THE
 APPLICANT ON THE TAXABLE STATUS DATE APPLICABLE TO SUCH ASSESSMENT ROLL.
 THE APPLICATION SHALL BE MADE ON A FORM PRESCRIBED BY THE COMMISSIONER.
   (II) IF THE ASSESSOR'S DETERMINATION IS MADE PRIOR TO  THE  FILING  OF
 THE  TENTATIVE  ASSESSMENT  ROLL,  THE  ASSESSOR  SHALL ENTER THE EXEMPT
 AMOUNT, IF ANY, ON THE TENTATIVE ASSESSMENT ROLL AND,  WITHIN  TEN  DAYS
 AFTER  FILING  SUCH ROLL, NOTIFY THE APPLICANT OF THE APPROVAL OR DENIAL
 OF SUCH EXEMPTION, THE EXEMPT AMOUNT, IF ANY, AND THE APPLICANT'S  RIGHT
 TO REVIEW BY THE BOARD OF ASSESSMENT REVIEW.
   (III)  IF THE ASSESSOR'S DETERMINATION IS MADE AFTER THE FILING OF THE
 TENTATIVE ASSESSMENT ROLL, THE ASSESSOR  SHALL  PETITION  THE  BOARD  OF
 ASSESSMENT  REVIEW  TO CORRECT THE TENTATIVE OR FINAL ASSESSMENT ROLL IN
 THE MANNER PROVIDED IN TITLE THREE OF ARTICLE FIVE OF THIS CHAPTER, WITH
 RESPECT TO UNLAWFUL ENTRIES, IN THE CASE OF WHOLLY EXEMPT  PARCELS,  AND
 WITH  RESPECT  OF  CLERICAL  ERRORS,  IN  THE  CASE  OF PARTIALLY EXEMPT
 PARCELS, IF THE ASSESSOR DETERMINES THAT AN EXEMPTION SHOULD BE  GRANTED
 AND,  WITHIN  TEN  DAYS  OF  PETITIONING THE BOARD OF ASSESSMENT REVIEW,
 NOTIFY THE APPLICANT OF THE APPROVAL OR DENIAL OF  SUCH  EXEMPTION,  THE
 AMOUNT  OF SUCH EXEMPTION, IF ANY, AND THE APPLICANT'S RIGHT TO ADMINIS-
 TRATIVE OR JUDICIAL REVIEW OF SUCH  DETERMINATION  PURSUANT  TO  ARTICLE
 FIVE OR SEVEN OF THIS CHAPTER, RESPECTIVELY.
   (C)  IF, FOR ANY REASON, A DETERMINATION TO EXEMPT PROPERTY FROM TAXA-
 TION AS PROVIDED IN PARAGRAPH (B) OF THIS SUBDIVISION IS NOT ENTERED  ON
 THE  FINAL  ASSESSMENT  ROLL,  THE  ASSESSOR SHALL PETITION THE BOARD OF
 ASSESSMENT REVIEW TO CORRECT THE FINAL ASSESSMENT ROLL.
   (D) IF, FOR ANY REASON, THE PRO RATA TAX CREDIT AS PROVIDED  IN  PARA-
 GRAPH (A) OF THIS SUBDIVISION IS NOT EXTENDED AGAINST THE TAX ROLL IMME-
 DIATELY  SUCCEEDING  THE FISCAL YEAR DURING WHICH THE TRANSFER OCCURRED,
 THE ASSESSOR SHALL IMMEDIATELY NOTIFY THE  MUNICIPAL  CORPORATION  WHICH
 LEVIED  THE  TAX OR FOR WHICH THE TAXES WERE LEVIED OF THE AMOUNT OF PRO
 RATA EXEMPTION CREDITS FOR THE YEAR IN  WHICH  SUCH  TRANSFER  OCCURRED.
 SUCH  MUNICIPAL  CORPORATION  SHALL  PROCEED AS PROVIDED IN SUBPARAGRAPH
 (IV) OF PARAGRAPH (A) OF THIS SUBDIVISION.
   (E) IF, FOR ANY REASON, A DETERMINATION TO EXEMPT PROPERTY FROM  TAXA-
 TION  AS PROVIDED IN PARAGRAPH (B) OF THIS SUBDIVISION IS NOT ENTERED ON
 THE TAX ROLL FOR THE YEAR IMMEDIATELY SUCCEEDING THE FISCAL YEAR  DURING
 WHICH  THE  TRANSFER OCCURRED, THE ASSESSOR SHALL DETERMINE THE PRO RATA
 TAX EXEMPTION CREDIT FOR SUCH TAX ROLL BY MULTIPLYING THE  TAX  RATE  OR
 TAX RATES FOR EACH MUNICIPAL CORPORATION WHICH LEVIED TAXES OR FOR WHICH
 TAXES  WERE  LEVIED TIMES THE EXEMPT AMOUNT AND SHALL IMMEDIATELY NOTIFY

 S. 2273                             6
 
 SUCH MUNICIPAL CORPORATION OR CORPORATIONS OF  THE  PRO  RATA  EXEMPTION
 CREDITS FOR SUCH TAX ROLL. SUCH MUNICIPAL CORPORATION SHALL ADD SUCH PRO
 RATA  EXEMPTION  CREDITS  FOR  SUCH PROPERTY TO ANY OUTSTANDING PRO RATA
 EXEMPTION  AMOUNTS AND PROCEED AS PROVIDED IN SUBPARAGRAPH (IV) OF PARA-
 GRAPH (A) OF THIS SUBDIVISION.
   § 3. This act shall take effect on the ninetieth day  after  it  shall
 have become a law.