S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1985
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 14, 2021
                                ___________
 
 Introduced  by M. of A. DILAN -- read once and referred to the Committee
   on Real Property Taxation
 
 AN ACT to authorize Overcoming Love Ministries to  file  an  application
   for a real property tax exemption
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Notwithstanding any other provision of law to the contrary,
 the commissioner of the New York city department of finance shall accept
 from Overcoming Love Ministries, a religious not-for-profit corporation,
 an application or renewal application for exemption from  real  property
 taxes  pursuant  to  section  420-a of the real property tax law for the
 2013, 2014 and 2015 assessment rolls, for the parcel owned by the minis-
 try known as 246 Jamaica Avenue in the city  of  New  York,  borough  of
 Brooklyn, being designated on the tax map as section 13, block 3918, lot
 7  in  such borough, and which was acquired by such ministry on June 23,
 1999. Once received, the application or  renewal  application  shall  be
 reviewed  as  if  it  had  been received on or before the taxable status
 dates established for such assessment rolls.
   If satisfied that such ministry would otherwise be  entitled  to  such
 exemption  if such ministry had filed an application or renewal applica-
 tion for exemption by the appropriate taxable status dates, the  commis-
 sioner  of the New York city department of finance, upon approval by the
 city council of the city of New York, shall  grant  exemption  from  all
 taxation  beginning  with respect to the subject tax rolls due and owing
 by such ministry on the effective date of this act,  and  cancel  taxes,
 fines,  penalties,  and  interest remaining unpaid, and make appropriate
 correction of the subject assessment rolls. The commissioner of the  New
 York  city  department  of finance, upon approval of the city council of
 the city of New York, shall grant exemption from  all  taxes  calculated
 and  due  with  respect  to  the  subject tax rolls and make appropriate
 correction to the subject rolls on condition  that  such  department  of
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD04798-01-1

 A. 1985                             2
 
 finance  refund  to any purchaser of a lien on such parcel the amount of
 any consideration paid to the city of New York for the purchase of  such
 tax lien, along with reasonable interest paid on such consideration, and
 costs  necessarily  incurred in connection with such purchase, and costs
 necessarily incurred in connection with reconveyance thereof to the city
 of New York; and such assessor further shall provide for the vacating of
 such tax lien and cancel any taxes, fines, penalties or interest remain-
 ing unpaid.
   § 2. This act shall take effect immediately.