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Who cares
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Sponsors
No co-sponsors yet.
History
- Substituted by A6273B
- Ordered to third reading cal.736
- Committee discharged and committed to rules
- Print number 1566b
- Amend (t) and recommit to local government
- Print number 1566a
- Amend (t) and recommit to local government
- Referred to local government
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Creates a conservation easement agreement in a town having a certain population based on the latest decennial federal census
Signed by Governor · Sponsor Jane Corwin
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the real property tax law, in relation to establishing a conservation easement agreement exemption in a town having a certain population based upon the latest decennial federal census
Purpose
Enacts the "conservation easement law of the Town of Elma."
Justification
The Town of Elma is a predominately rural community located in Erie County, New York. This is very much a town that prides itself on its rural heritage. By establishing the Conservation Law of the Town of Elma, residents can preserve open space and retain the quality of life that has become synonymous with living in Elma.
It is the purpose of this bill to provide for the acquisition of interest or rights in real property for the preservation of open space and areas which shall constitute a public purpose for which public funds may be expended or advanced after due notice and a public hearing, by which the Town of Elma may acquire by purchase, gift, grant bequest, device lease or otherwise the fee or any lesser interest, development right, easement, covenant, or to other contractual right necessary to acquire "open space" or "open area" as the same is defined in this legislation.
By landowners agreeing to retain the character and use of their land as it is presently, their property is protected from future development. The rural character and open space is preserved for the inhabitants of the Town of Elma to enjoy now and potentially for future generations. In addition, beyond helping to ensure protection of open space, there are several potential significant savings. There is potential reduction in property assessment which equals lower property taxes, and potential New York State Income tax refund of 25% for property taxes paid on land protected by an easement agreement.
Legislative history
2008: S.8346/A.11141-A, Passed Senate.
Fiscal implications
None to the State of New York.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.