Amends the superstorm Sandy assessment relief act, relating to authorizing the payment of bills without prior audit.
TITLE OF BILL: An act to amend the superstorm Sandy assessment relief act, in relation to authorizing the payment of bills without prior audit
Increases the threshold from $2,500 to $7,500 that a municipal official empowered to authorize payment of refunds due to those eligible under the Superstorm Sandy Assessment Relief Act.
SUMMARY OF PROVISIONS:
Section 1 amends paragraph (d) of section 4 of chapter 424 of the laws of 2013 to increase the threshold from $2,500 to $7,500 that a municipal official empowered to authorize payment of refunds without requiring an action of the tax levying body.
This legislation will allow the official designated by a municipality to pay bills to make refunds to individuals filing under the Superstorm Sandy Assessment Relief Act who are owed in excess of the current $2,500 maximum allowable under state law. This bill will prevent unnecessary delays to property owners who would otherwise have to wait for approval from a municipality's legislative body prior to receiving a refund in excess of $2,500.
By increasing the threshold to $7,500, most taxpayers eligible for the Superstorm Sandy Assessment Relief Act will receive their refund in a timely fashion.
None to the state.
LOCAL FISCAL IMPLICATIONS:
No further fiscal implication for those communities that opted in to the Superstorm Sandy Assessment Relief act.
This act shall take effect immediately.
STATE OF NEW YORK ________________________________________________________________________ 7338 IN SENATE May 13, 2014 ___________Introduced by Sen. BOYLE -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the superstorm Sandy assessment relief act, in relation to authorizing the payment of bills without prior audit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (d) of section 4 of chapter 424 of the laws of 2013, constituting the superstorm Sandy assessment relief act, is amended to read as follows: (d) The assessor shall mail written notice of such finding to the property owner and the participating municipality. Where the assessor finds that the loss in improved value is less than fifty percent or, if a participating municipality has elected to provide assessment relief for real property located within such participating municipality for a lesser percentage, is less than such lesser percentage, or classifies the loss within a lower range than the property owner believes is warranted, the property owner may file a complaint with the board of assessment review. Such board shall reconvene upon ten days written notice to the property owner and assessor to hear the appeal and deter- mine the matter, and shall mail written notice of its determination to the assessor and property owner. The provisions of article 5 of the real property tax law shall govern the review process to the extent practica- ble. HOWEVER, FOR THE PURPOSES OF THIS ACT ONLY, AN OFFICIAL WHO IS EMPOWERED TO AUTHORIZE PAYMENT OF BILLS WITHOUT PRIOR AUDIT BY PARAGRAPH (A) OF SUBDIVISION 8 OF SECTION 556 OF THE REAL PROPERTY TAX LAW, SHALL HAVE SUCH POWER WHEN THE RECOMMENDED REFUND IS SEVENTY-FIVE HUNDRED DOLLARS OR LESS, OR SUCH OTHER SUM NOT TO EXCEED SEVENTY-FIVE HUNDRED DOLLARS. For the purposes of this act only, the applicant may commence within 30 days of service of a written determination, a proceeding under title 1 of article 7 of the real property tax law, or, if applicable, under title 1-A of article 7 of the real property tax law. Sections 727 and 739 of the real property tax law shall not apply. S 2. This act shall take effect immediately.EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15069-01-4