New York Senate Bill S09820

New York 2025-2026 Regular Session

• Introduced: 4/7/26
• Refer: 4/7/26

Caption

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.

Impact

If enacted, this bill would allow OWH Properties, Inc. to file for a tax exemption retroactively, treating its application as if it were submitted before the designated taxable status date. This is indicative of a broader effort to support charitable organizations that may have missed typical filing deadlines, aligning state law with practical needs in local governance.

Summary

Bill S09820 aims to authorize the city of Olean's assessor to accept applications for real property tax exemptions from OWH Properties, Inc. (Operation Warm Hearts). Specifically, the bill addresses the 2025-2026 assessment roll, providing a mechanism for tax exemptions concerning school and general taxes for certain properties located in Olean, New York. This legislation seeks to facilitate local support for Operation Warm Hearts, which presumably provides services or support within the community.

Contention

There may be points of contention surrounding the application process for tax exemptions such as potential implications for local revenue. Critics might argue that this could set a precedent for similar exemptions, reducing funding available for public services funded by property taxes. Supporters would emphasize community welfare and the necessity of supporting local organizations aiming to provide aid to residents.