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NY S04261
Bill
Status
6/13/2013
Primary Sponsor
Patricia Ritchie
Click for details
AI Summary
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Amends real property tax law to expand the definition of "agricultural and horticultural" to include commercial equine operations as defined in Agriculture and Markets Law section 301
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Clarifies that indoor exercise arenas used for training and exercising horses are eligible for tax exemption when used in connection with commercial horse boarding or commercial equine operations, excluding riding academies and dude ranches that do not meet the statutory definition
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Excludes riding academies and dude ranches from tax exemption unless they qualify as commercial equine operations under Agriculture and Markets Law section 301
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Takes effect immediately upon enactment
Legislative Description
Provides for an exemption from taxation of structures and buildings essential to the operation of agricultural and horticultural lands.
Last Action
referred to real property taxation
6/18/2014