What's happening
This bill prohibits local assessors from increasing property assessments based on the stumpage value of trees and creates a forestland taxation task force.
Why it matters
Protects Landowners from Sudden Tax Increases. By prohibiting assessors from increasing property assessments based on the stumpage value of trees, this bill shields private forestland owners from abrupt spikes in property taxes due to the perceived timber value, which can make continued forestry use financially unviable.
Supports Sustainable Forestry and Open Space. The legislation aims to ensure that forestlands remain economically viable, encouraging landowners to maintain their properties as working forests rather than selling or converting them for other uses, thus benefiting both the state’s economy and environmental health.
Creates a Forum for Stakeholder Input. The establishment of a forestland taxation task force brings together diverse representatives—from family forest owners to environmental organizations—to review and recommend fairer, more sustainable approaches to forestland assessment and taxation.
Lays Groundwork for Future Reform. By requiring the task force to report to the governor and legislature with findings and legislative proposals, the bill sets in motion a process for potentially significant changes to how New York taxes and manages its private forestlands.
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Stop Tax Hikes on Forests
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
2 Multi-sponsors
History
- Referred to real property taxation
- Referred to real property taxation
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
541
2017-2018 Regular Sessions
IN ASSEMBLY
January 9, 2017
Introduced by M. of A. GUNTHER, CROUCH, GIGLIO -- Multi-Sponsored by -- M. of A. HAWLEY, LOPEZ, MAGEE -- read once and referred to the Committee on Real Property Taxation
AN ACT to prohibit local assessors from increasing the assessed value of real property based on the stumpage value of the trees thereon and to establish the forestland taxation task force
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Legislative findings. The legislature hereby finds and declares that in light of significant increases in real property taxes in many parts of the state, due to a variety of factors including but not limited to increases in market value of real property, growth in school and local spending, a declining commercial and industrial tax base, and assessment valuation practices which may not accurately reflect the actual value of timber, that now more than ever an increasing proportion of lands in the state devoted to the growth of forest crops are assessed at a level which renders the continued dedication to such use uneconomical. It is the purpose of this act to chart a path by which present and future forestlands may be protected and enhanced as a viable segment of the state's economy, and as an environmental resource.
§ 2. On and after January 1, 2018, no assessor of any local assessing unit shall increase that portion of the assessment of real property which pertains to the stumpage value of trees on any parcel of privately owned real property to which a stumpage value is assigned on the effective date of this act, as determined from the assessment from the immediately preceding assessment roll.
§ 3. Commencing with the 2018 assessment roll, an assessor of any local assessing unit shall assign a value for trees upon any parcel of real property which does not bear a stumpage value immediately prior to the effective date of this act.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04648-01-7
A. 541 2
§ 4. The provisions of sections two and three of this act shall not apply to state owned land.
§ 5. As used in this act, "stumpage value" shall mean that portion of privately owned forestland which is in addition to the bare land value and pertains to real property upon which the assessor has calculated a contributory value for the trees pursuant to guidelines for the valuation of forestlands issued by the commissioner of taxation and finance.
§ 6. A forestland taxation task force is hereby established to examine, evaluate and make recommendations concerning the existing methods of assessing and taxing private forestlands, and alternative methods of assessing and taxing private forestlands which are consistent with promoting sustainable forestry practices, encouraging private investment in working forests and maintaining open space.
§ 7. The forestland taxation task force shall consist of seven members to be appointed as follows: two shall be appointed by the temporary president of the senate, two shall be appointed by the speaker of the assembly, one shall be appointed by the minority leader of the senate, one shall be appointed by the minority leader of the assembly, and one shall be appointed by the governor. The members of the task force shall include a representative from each of the following: family forest operations, timber investment management organizations, farm woodlot owners, local governments, the forest products industry, private forest landowners and environmental organizations. Vacancies in the membership of the task force shall be filled in the manner provided for original appointments.
§ 8. The forestland taxation task force may meet within and without the state, shall hold public hearings and shall have all the powers of a legislative committee pursuant to the legislative law. To the maximum extent feasible, the members of the task force shall be entitled to request and receive, and shall utilize and be provided with such facilities, resources and data of any court, department, division, board, bureau, commission and agency of the state or any political subdivision thereof as it may reasonably request to properly carry out its powers and duties pursuant to this act.
§ 9. The members of the forestland taxation task force shall receive no compensation for their services, but shall be allowed their actual and necessary expenses incurred in the performance of their duties pursuant to this act.
§ 10. The forestland taxation task force shall report, to the governor and the legislature, its findings, conclusions and recommendations on or before April 30, 2019, and shall submit with its report such legislative proposals as it deems necessary to implement its recommendations.
§ 11. This act shall take effect immediately.
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.