Extends the expiration of payments in lieu of taxes for Hempstead park and recreational properties.
New York Assembly Bill A08366 extends the expiration of provisions in the town law relating to payments in lieu of taxes for property acquired for park or recreational purposes by the town of Hempstead. The bill amends the law to extend the expiration date from June 30, 2025, to June 30, 2027. This change ensures that the town of Hempstead continues to receive payments in lieu of taxes for the specified properties for an additional two years.
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