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Sponsors
Senator · Senate District 42
No co-sponsors yet.
History
- Signed chap.483
- Delivered to governor
- Returned to senate
- Passed assembly
- Ordered to third reading rules cal.429
- Substituted for A10675
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 59–2
- Amended on third reading 6546a
- Ordered to third reading cal.1625
- Committee discharged and committed to rules
Show 1 earlier action
- 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.
Relates to technical amendments to the assessment and payment of taxes on watershed and agricultural easements
Assembly Floor Calendar · Sponsor Aileen Gunther
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 technical amendments to the assessment and payment of taxes on watershed and agricultural easements
Purpose
To provide that watershed conservation easements purchased after January 1, 2017 are taxable and to extend the ability of New York City to purchase conservation easements in the watershed.
Summary of provisions
Section 1: Amends subdivision 4 of section 583 of the Real Property Tax Law to change the definition of "watershed conservation easement" to remove the provision that it must be in place prior to December 31, 2016.
Section 2: Amends section 585 of the Real Property Tax Law to provide that any watershed agricultural easement acquired prior to January 1, 2011 shall be exempt from taxation, but any easement acquired subsequent to January 1, 2017 shall be subject to taxation.
Section 3: Amends multiple subdivisions of section 586 of the Real Property Tax Law to apply the assessment process regarding watershed conservation easements to all parcels with watershed conservation easements and watershed agricultural easements regardless of whether the easement covers the entire parcel or only a portion of the parcel.
Section 4: Amends section 589 of the Real Property Tax Law, to remove requirement that the allocation factor remain in effect for at least twenty years from the date it is initially certified to the assessing unit.
Section 5: Effective date.
Justification
This legislation is being introduced with the support of the Coalition of Watershed Towns and Delaware County to authorize a continuation of the ability of New York City to purchase conservation easements conditioned upon such easements being taxable.
Legislative history
S.5148 of 2011/12: Died in Senate Local Government Committee
Fiscal implications
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.