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NY A02380
Bill
Status
Introduced
1/26/2023
Primary Sponsor
Joseph Angelino
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AI Summary
- Exempts real property from taxation at 100 percent of assessed value if used for production of bio-energy crops intended as alternative fuel and subject to assessment under Agriculture and Markets Law section 304-a
- Applies to village, town, special district, city, county, and school district taxes, excluding special assessments
- Requires property owners to provide proof satisfactory to the Office of Real Property Services that lands are used for bio-energy crop production
- Defines "bio-energy crops" as crops grown specifically for cellulosic ethanol processing
- Exemption applications must be filed with the assessor or designated municipal agency by the taxable status date on a state board-prescribed form
- Act takes effect immediately and expires five years after enactment
Legislative Description
Provides a real property tax exemption to agricultural lands that are used for certain purposes.
Last Action
referred to real property taxation
1/3/2024
Committee Referrals
Real Property Taxation1/26/2023
Full Bill Text
No bill text available