Authorizes the city of Olean assessor to accept a tax exemption application from OWH Properties, Inc. for 2025-2026 school and general taxes.

This bill authorizes the city of Olean 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. If the application is accepted, the assessor may make appropriate corrections to the tax roll. If the exemption is granted, the governing body or tax collector may refund any taxes paid and cancel any remaining unpaid taxes, fines, penalties, liens, or interest. The act takes effect immediately.

Authorizes the city of Olean assessor to accept a tax exemption application from OWH Properties, Inc. for 2025-2026 school and general taxes.

This bill authorizes the city of Olean 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. If the application is accepted, the assessor may make appropriate corrections to the tax roll. If the exemption is granted, the governing body or tax collector may refund any taxes paid and cancel any remaining unpaid taxes, fines, penalties, liens, or interest. The act takes effect immediately.