New York Assembly Bill A11265

New York 2025-2026 Regular Session

• Introduced: 5/4/26
• Refer: 5/4/26

Caption

Authorizes Simcray Holdings, LLC. to receive retroactive real property tax exempt status

Summary

A11265 is a special, property-specific bill that authorizes the Rockland County assessor to accept a late application from Simcray Holdings, LLC. for a real property tax exemption for the parcel at 307 South Pascack Road in Spring Valley, Town of Clarkstown. The bill covers retroactive relief for the 2023, 2024, and 2025 assessment rolls, as well as the 2023-2024, 2024-2025, and 2025-2026 school tax years. If the assessor and Rockland County Legislature determine that the company would have qualified had it applied on time, the bill allows the exemption to be granted as though the application had been filed by the proper deadline. It also permits correction of the tax rolls and, at the discretion of the governing body or tax department, refunding taxes already paid and canceling unpaid taxes, penalties, interest, fines, and liens tied to the parcel.

Impact

The bill creates a narrow exception to the Real Property Tax Law for one named property owner and one specific parcel in Rockland County. It does not change statewide tax rules generally, but it authorizes local officials to treat a late exemption application as timely and to adjust assessment and school tax rolls accordingly, including possible refunds and cancellation of outstanding charges.

Sentiment

No committee transcript or vote record is available, so there is no direct evidence of debate or formal support/opposition in the provided materials. Based on the bill text, the measure appears administrative and remedial in nature, aimed at correcting a missed filing deadline rather than expanding the exemption program broadly.

Contention

The main potential point of contention is the retroactive nature of the relief: the bill allows a private entity to seek exemption after the taxable status dates and potentially recover taxes already paid or erase unpaid liabilities. That kind of individualized tax relief can raise fairness concerns for other taxpayers and local governments, while supporters would likely view it as a corrective measure if the company otherwise qualified for the exemption.