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New York State Legislature Passes Legislation to Assist Nassau County in Paying Property Tax Refunds

Posted by Gregory J. Guercio | Jun 24, 2014 | 0 Comments

In the final day of its session this year, the New York State Legislature passed legislation which allows Nassau County to create a “disputed assessment fund” by imposing additional charges on certain property owners who file tax certiorari proceedings challenging their property assessments. The intent of the legislation is to put an end to the County's longstanding practice of borrowing to pay for property tax refunds.

Clients may view the complete memo in the client portal.

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