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NY S04100
Bill
Status
2/2/2021
Primary Sponsor
Kevin Parker
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AI Summary
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Expands the definition of activities exempting land from agricultural assessment conversion payments to include solar and wind development, replacing the previous focus on oil and gas exploration and extraction.
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Allows land in agricultural districts to maintain agricultural assessment eligibility when solar or wind rights are conveyed, preventing conversion solely due to rights conveyance.
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Allows land outside agricultural districts to maintain agricultural assessment eligibility when solar or wind rights are conveyed, with the same protection against conversion based on rights conveyance alone.
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Requires the Commissioner of Agriculture and Markets, in consultation with the Commissioner of Environmental Conservation and the New York State Energy Research and Development Authority, to issue regulations within 180 days to govern solar development on assessed agricultural land, prioritizing protection of prime farmland and encouraging development on marginal soils.
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Takes effect 60 days after enactment, with authority for implementing regulations to be completed before the effective date.
Legislative Description
Provides that property receiving an agricultural assessment which is converted for purposes of oil or gas exploration shall be subject to payments equaling five times the taxes saved in the last year in which the land benefited from an agricultural assessment; exempts property converted for solar development from such payments.
Last Action
REFERRED TO AGRICULTURE
1/5/2022